The directors of a company have decided to modernise the plant and machinery at an estimated cost of rupee one crore. State the merits and demerits of issuing equity shares for the purpose.

The directors of a company have decided to modernise the plant and mac

1.	The directors of a company have decided to modernise the plant and machinery at an estimated cost of rupee one crore. State the merits and demerits of issuing equity shares for the purpose.
Answer» The directors of a company have decided to modernise the plant and machinery at an estimated cost of rupee one crore. State the merits and demerits of issuing equity shares for the purpose.