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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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