Business Studies, asked by saicharan255, 11 months ago

State the conditions for the issue of shares at discount under the companies act

Answers

Answered by ajay5325
2

Answer:

Issue of shares at a discount

The companies can issue theshares at a discount subject to the following conditions: The issuemust be of a class of sharesalready issued. Not less than 1 year has at the date of issueelapsed since the date on which the company became entitled to commence business.

Explanation:

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