What is meant by discount on issue of shares? (Answer in one sentence)
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THE EXCEES OF THE NOMINAL VALUE OF SHARES OVER THERE ISSUE PRICE....IS CALLED....
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Answer :- At the point when an offer is issued by the organization at a value that is not exactly the assumed worth of the offer, the offer is said to be issued at a markdown .
Extra information :-
=) The shares may a!so be issued at a markdown, in other words at a cost not exactly the presumptive worth. It will be legal for an organization to issue shares at a rebate .
The shares to be issued at a markdown must be issued inside sixty days after the date on which the issue is endorsed by the expert or inside such expanded time as the specialist may permit
Extra information :-
=) The shares may a!so be issued at a markdown, in other words at a cost not exactly the presumptive worth. It will be legal for an organization to issue shares at a rebate .
The shares to be issued at a markdown must be issued inside sixty days after the date on which the issue is endorsed by the expert or inside such expanded time as the specialist may permit
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