A new company set up by existing companies with five year track record can issue share at premium provided:

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

Participation of existing companies are not less than 50%

TuteeHUB · Answer

Prospectus contains justification for issue price

TuteeHUB · Answer

The issue price is made applicable to all new investors uniformly

TuteeHUB · Answer

All the above

1.	A new company set up by existing companies with five year track record can issue share at premium provided:
A.	Participation of existing companies are not less than 50%
B.	Prospectus contains justification for issue price
C.	The issue price is made applicable to all new investors uniformly
D.	All the above
Answer» E.

Discussion