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sumit kumar

· started a discussion

· 1 Months ago

how please explain if you can . (Question: 337618.0 )

tell your CAs who are preparing these mock test that according to company act 2013 .. A company can't issue shares on discount except ..... chodo

Question:

Brave Ltd. issued 60,000 shares of Rs.10 each at a discount of Rs.1 per share. The application money was  Rs.2, allotment money was Rs.4, and first call was of Rs.1. The amount of final call will be:

Options:
A)

Rs. 3

B)

Rs.2

C)

Rs.1

D)

Rs.4

Solution:

Ans: (b)

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