In which of the following situation Companies Act 2013 allows for issue of shares at discount

by Doubtly (98.9k points) in Accountancy asked Dec 5, 2021 361 views

edited Jun 29, 2023

In which of the following situation Companies Act 2013 allows for issue of shares at discount?

(A) Issued to vendors.

(B) Issued to public.

(C) Issued as sweat equity.

(D) None of the above.

1 Answer

by Doubtly (98.9k points) answered Dec 5, 2021

by Doubtly selected Jun 29, 2023

Correct answer is: (C) Issued as sweat equity.

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