Which of the following shares can be issued at discount?
Under Section 54 of the Companies Act, 2013, a "Sweat Equity share" may be issued at a discount, whereas Section 53 prohibits the issue of other shares at a discount.
Choose your answer
Which of the following shares can be issued at discount?
Answer and explanation
Correct answer A
Under Section 54 of the Companies Act, 2013, a "Sweat Equity share" may be issued at a discount, whereas Section 53 prohibits the issue of other shares at a discount.
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