explain section 52 in company act 2013
Answers
Answered by
0
Answer:
Hey mate here is your answer→
- In section 52 a company issues shares at a premium, whether for cash or otherwise, a sum equal to the aggregate amount of the premium received on those shares shall be transferred to a “securities premium account” and the provisions of this Act relating to reduction of share capital of a company shall, except as provided in this section, apply as if the securities premium account were the paid-up share capital of the company.
_____________________
Answered by
0
52 companies pay at Kesha hags ou Hague. Oahu msg did us lbs
Similar questions