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49) TDL Ltd., a public company is planning to bring a public issue of equity shares in June, 2018. The company has appointed underwriters for

49) TDL Ltd., a public company is planning to bring a public issue of equity shares in June, 2018. The company has appointed underwriters for getting its shares subscribed. As a Chartered Accountant of the company appraise the Board of TDL Ltd. about the provisions of payment of underwriter’s commission as per Companies Act, 2013.


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