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Accountancy Forum The Profession Corporate Governance v
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Issue of shares at discount

 
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Issue of shares at discount
Abdul Majid
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Junior Member

Posts: 17
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Joined: Jan 2010
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#2
01-25-2010, 02:16 AM
Dear

Company cannot issue shares at discount without the prior approval of SECP.
Special Rsolution from memebers also required for application to SECP,the maximum rate of discount allowed by SECP is 10%.

Further information is given in the Companies Ordinance

Regards,

Majid

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Messages In This Thread
Issue of shares at discount - by shakilicma76 - 12-24-2009, 11:31 PM
RE: Issue of shares at discount - by Arslan01 - 10-23-2014, 02:46 PM
RE: Issue of shares at discount - by Imtiaz Abbas - 10-25-2014, 10:20 AM
[No subject] - by Abdul Majid - 01-25-2010, 02:16 AM
[No subject] - by Dard - 01-25-2010, 04:03 AM
[No subject] - by Abdul Majid - 01-27-2010, 04:10 AM

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