A company cannot issue equity shares at.................generally.
Answer & explanation
Correct answer: option 3
The correct answer is option 3- Discount.
A company cannot issue equity shares at discount generally.
As per companies Act 2013, a company shall not issue shares at a discount except as provided in section 54 for issue of sweat equity shares. Any share issued by a company at a discounted price shall be void. Where a company contravenes the provisions of this section, the company shall be punishable.