मराठी

State whether the following statement is true. At the time of issue of shares, the maximum rate of securities premium is 10%.

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प्रश्न

State whether the following statement is true.

At the time of issue of shares, the maximum rate of securities premium is 10%.

चूक किंवा बरोबर
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उत्तर

This statement is false.

Explanation:

There is no maximum limit under the law for charging a securities premium. A company can issue shares at any premium amount depending entirely on its market reputation and investor demand, rather than being capped at 10%.
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पाठ 1: Accounting for Share Capital - Intext questions [पृष्ठ ७]

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एनसीईआरटी Accountancy Company Accounts and Analysis of Financial Statements [English] Class 12
पाठ 1 Accounting for Share Capital
Intext questions | Q (i) | पृष्ठ ७
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