A new company cannot issue shares at - ?

B

At discount answer (b)

As mentioned by Mr. Vinod there are many conditions one of which (not less than one year has elapsed), accordingly new company can not issue shares at discount.

(b) at discount

it may be at par or discount or at premium and depend on company worth and subscriber

Discount

The Answer B At Discount

A company may issue shares at a discount i.e at a value below its par value.

The following conditions must be satisfied in connection with the issue of shares at a discount:-

1.The shares must be of a class already issued.

2.Issue of the shares at discount must be authorised by resolution passed in the general meeting of company and sanctioned by the company law board.

3.The resolution must also specify the maximum rate of discount at which the shares are to be issued.

4..Not less than one year has elapsed from the date on which the company was entitled to commence the business.

5.The shares to be issued at discount must issued within2 months after the date on which issue is sanctioned by the company law board or within extended as may be allowed by the Company Law Board.

Answer B is correct at discount . because it is new company does not make any process on other hand discount is a loss .

b)discount-company must elapse minimum one year to issue @ discount

Why , 

Would you tell  the reason 

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN

Thanks for sharing