Question : Maximum limit of premium of shares is
Option 1: 5%
Option 2: 10%
Option 3: 100%
Option 4: No limit
Answer (1)
14th Jan, 2024
Correct Answer: No limit
Solution : Answer = No limit
In the Companies Act 2013, no maximum limit of premium is defined if the company issued shares at a premium. There is no specific legal limit on the premium that can be charged on shares issued by a company. The premium charged on shares can vary based on market conditions, company performance, and investor demand. Therefore, there is no maximum limit imposed by law on the premium of shares.
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