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.
A i, ii and iii only
B i, ii and iv only
C i, iii, and iv only
D ii, iii and iv only
Answer is A
