Under which of these conditions can a company issue shares at discount?
(i)A resolution must be passed at a general meeting
(ii) The amount of discount must be stated in the resolution
(iii) The share must have existed for at least six years
(iv) On the order of a court.
i, ii and iii only
i, ii and iv only
i, iii, and iv only
ii, iii and iv only
Correct answer is A
No explanation has been provided for this answer.