Where the shares are issued at a discount and the nominal value of the share is Rs. 100 the maximum discount that can be allowed is:
A. Rs. 5
B. Rs. 10
C. Rs. 20
D. Rs. 15
Answer:B
Where the shares are issued at a discount and the nominal value of the share is Rs. 100 the maximum discount that can be allowed is:
A. Rs. 5 B. Rs. 10 C. Rs. 20 D. Rs. 15