Question

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

विकल्प

• Issued to vendors

• Issued to public

• Issued as sweat equity

• None of the above

Answer 1

Issued as sweat equity

Explanation:

According to Section 53 of the Companies Act, 2013, companies are not allowed to issue shares at a discount, except in one special case – Sweat Equity Shares.