CUET Preparation Today
| What is the maximum limit prescribed by Companies Act 2013 on amount of premium on issue of debentures? |
5% 10% 15% No limit is prescribed |
| No limit is prescribed |
| No limit has been prescribed on the amount of premium on the issue of debentures by a company. Companies have flexibility in determining the premium they want to charge on debentures, subject to market conditions, investor demand, and other relevant factors. However, it's essential to comply with regulatory requirements and disclose the terms and conditions of the debenture issue accurately in the prospectus or offer documents. |
