As per SEBI guidelines followed in the NCERT text, the minimum subscription of 90% of the entire issue must be received within 120 days from the date of issue of the prospectus; otherwise the entire amount received is refunded.
The process of receiving minimum subscription of 90% of the entire issue must be completed within ______ days from date of issue of prospectus
Held on 20 Jun 2023 · Verified 13 Jul 2026.
30 days
90 days
120 days
140 days
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Amount of discount allowed on the reissue of forfeited shares cannot exceed the amount that has:-
The period of how many month/months must elapse between two calls.
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A share having a face value of Rs.12, on which Rs. 10 is called-up and Rs. 8 is paid, is forfeited. State the amount with which the Share Capital account will be debited
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