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Companies Act, 1956 Section 79
Title: Power to issue shares at a discount
State: Central
Year: 1956
1) A company shall not issue shares at a discount except as provided in this section. (2) A company may issue at a discount shares in the company
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 79
Title: Power to Issue Shares at a Discount
State: Central
Year: 1956
(1) A company shall not issue shares at a discount except as provided in this section. (2) A company may issue at a discount shares in the company
View Complete Act List Judgments citing this sectionCompanies Act, 1913 Section 105A
Title: Power to issue shares at a discount
State: Central
Year: 1913
to the provisions of this section, it shall be law ful for a company to issue at a discount shares in the company of a class already issued: Provided that- (a) the issue of the shares at
View Complete Act List Judgments citing this sectionBrief the judgments behind these acts
Reserve Bank of India Act, 1934 (2 of 1934) Section 18
Title: Power of Direct Discount
State: Central
Year: 1934
commerce, industry andagricultural, the Bank may, notwithstanding any limitation contained in 6 [***]section 17,- 7 [(1)purchase, sell or discount any bill of exchange or promissory note though suchbill or promissory note is not eligible for purchase or
View Complete Act List Judgments citing this sectionCompanies Act, 2013, Section 53
Title: Prohibition on Issue of Shares at Discount
State: Central
Year: 2013
(1) Except as provided in section 54, a company shall not issue shares at a discount. (2) Any share issued by a company at a discounted price shall be void. (3) Where a company
View Complete Act List Judgments citing this sectionBanking Regulation Act, 1949 Section 13
Title: RESTRICTION ON COMMISSION, BROKERAGE, DISCOUNT, ETC., ON SALE OF SHARES Notwithstanding anything to the contrary
State: Central
Year: 1949
SECTION 13: RESTRICTION ON COMMISSION, BROKERAGE, DISCOUNT, ETC., ON SALE OF SHARES Notwithstanding anything to the contrary contained in sections 76 and 79 of the
View Complete Act List Judgments citing this sectionCompanies Act, 1913 Section 106
Title: State in balance sheet as to commissions and discount: Where a company has paid any sums by way of commission in
State: Central
Year: 1913
SECTION 106: State in balance sheet as to commissions and discount: Where a company has paid any sums by way of commission in respect of any shares or debentures
View Complete Act List Judgments citing this sectionCompanies Act, 1956 Section 129
Title: Particulars in case of commission, etc., on debentures: Where any commission, allowance or discount has been paid or
State: Central
Year: 1956
125) and (section 128) shall include particulars as to the amount or rate per cent of the commission, discount or allowance so paid or made; but an omission to do this shall not affect the validity of
View Complete Act List Judgments citing this sectionReserve Bank of India Act, 1934 Section 18
Title: POWER OF DIRECT DISCOUNT When, in the opinion of the Bank a special occasion has arisen making it necessary or
State: Central
Year: 1934
1) purchase, sell or discount any bill of exchange or promissory note though such bill or promissory note is not eligible for purchase
View Complete Act List Judgments citing this sectionThe Companies Act, 2013 Section 53
Title: Prohibition on issue of shares at discount.—
State: Chattisgarh
Year: 2013
1) Except as provided in section 54, a company shall not issue shares at a discount. (2) Any share issued by a company at a discounted price shall be void. (3) Where a company
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