Question

what is maximum permissible discount at the time of reissue of shares​

Answer 1

Answer:

In case of the forfeited shares were originally issued at par or at premium, then these shares can be reissued with the maximum discount = amount forfeited on the re-issued share.

Answer 2

Explanation:

65 is the unpaid amount now on reissue of such shares at discount the , maximum discount be Rs