As per SEBI guidelines, a new company ( less than 12 months) without any track record can issue share at a premium. Is it true or false
sirrasadanandam6565:
I'm not bro ,Iam a girl
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Explanation:
A new company which has not completed 12 months of commercial operations will not be allowed to issue shares at a premium. 2. If an existing company with a 5-year track record of consistent profitability, is promoting a new company, then it is allowed to price its issue.
true
Thank you
wlcm
Issue of share at a discount must be authorised by a resolution passed by the company in general meeting and duly sanctioned by the central government.
True
Or
False
True
Or
False
I think false bro
Thank you
A new company set up by existing companies with five years track record can issue share at premium provided:
A) Participation of existing companies are not less than 50 percent.
B) Prospectus contains justification for issue price.
C) The issue price is made application to all new investors uniformly.
D) All of the above.
A) Participation of existing companies are not less than 50 percent.
B) Prospectus contains justification for issue price.
C) The issue price is made application to all new investors uniformly.
D) All of the above.
I don't know this one bro
Okay dear
hm
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