Recently while appraising a loan proposal I noticed that the
company was a newly formed company. While allotting the
capital among the share holders the shares were allotted at
a huge premium. What is the reason for showing a huge premium?

Answer Posted / sachin

THE NEWLY EXSTABLISHED COMPANY SHOULD BE A SISTER CONCERN
OR A SUBSIDIARY OF AREPUTED COMPANY

Is This Answer Correct ?    1 Yes 3 No



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