Which of the following statement is incorrect?
Equity shareholders and Preference shareholders are
Share allotment account is a
Discount of issue of share is shown on the
Which of the following statement is incorrect?
Public limited company cannot issue
Securities Premium account is recorded on the
A new company cannot issue shares at discount.
Unless otherwise permitted by central government, the rate of discount on shares should not exceed
A company can issue shares at a discount only after _______ year elapsed since the company became entitled to commence the business.
As per section 78 of the companies act, amount collected as premium on securities cannot be utilised for:
The portion of the authorised capital which can be called-up only on the liquidation of the company is called
Which of the following statements are incorrect ?
Which of the following statement is false?
Payment of interest on calls-in-advance is at the discretion of the company.
Which of the following statement is incorrect?
Right shares mean the shares which are
The rate of discount on equity shares:
Premium on issue of shares can be used for writing off the discount on issue of shares and debentures of the company.
Which of the following statement is false?