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of <h1>Companies Can Pay Commission on Securities with Conditions, Capped Rates, and Disclosure in Prospectus per Section Rules.</h1> A company may pay a commission to individuals for the subscription or procurement of its securities, contingent upon specific conditions. The payment must be authorized by the company's articles of association and can be sourced from issue proceeds or company profits. The commission rate is capped at five percent for shares and two and a half percent for debentures, or as specified in the articles, whichever is lower. The company's prospectus must disclose the underwriters' details, commission rate, and securities underwritten. Commissions are not paid on securities not offered publicly, and a contract copy must be filed with the Registrar.
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