Accountancy, asked by Riyashhhhh3771, 2 months ago

In case of Shares, the commission can not exceed

Answers

Answered by senapatijuri8

0

Answer:

Please mark me as a brainliest answer

Please mark me as a brainliest answer

Explanation

According to Companies Act, underwriting commission should not exceed 5 per cent of the nominal value of a share and 2½ per cent in the case of debentures. ... Thus, if shares and debentures could not be sold by the company, the broker will not buy the securities which have not been subscribed for.

Previous Question

Next Question

Similar questions

Math, 1 month ago

There are 200 students in a hostel. Food provision for them is for 40 days. How long will these provisions last if 50 more students join the group?

English, 1 month ago

make meaningful sentence on false Praise...

Math, 1 month ago

Multiplicative inverse of -3/4 -5/7...

Economy, 2 months ago

Is irrigation water a free good or an economic good?

Science, 2 months ago

Few lines about labour day...

Math, 9 months ago

Question 12) Our Storage bin has the size below: •Length: 21Ft .Width: 45in • Height: 170in The size of the skids is: Length: 40in . Width: 40in · Height: 40in . Between 2 pallets, we need to have 2in space. 40 Inches 40 Inches 2 inches clearance Total width required = 42 inches per pallet space a. Please find out how many skids we can put maximum in the storage bin. Note: Skids can be stacked,...

English, 9 months ago

as soon as he saw the snake he fled...

English, 9 months ago

tell me the full form of MPWD??