As per Section 52 of the companies Act, 2013, the balance in the Security Premium Account cannot be utilized for

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writing off discount on issue of shares

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payment of dividend

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issue of fully paid-up bonus share

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capital losses

1.	As per Section 52 of the companies Act, 2013, the balance in the Security Premium Account cannot be utilized for
A.	payment of dividend
B.	writing off discount on issue of shares
C.	issue of fully paid-up bonus share
D.	capital losses
Answer» B. writing off discount on issue of shares

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