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
CUET UG 2023 — Accountancy Company Accounts
2023mcqeasy
The process of receiving minimum subscription of 90% of the entire issue must be completed within ______ days from date of issue of prospectus
Official previous-year question
Held on 20 Jun 2023 · Verified 13 Jul 2026.
Options
- A
30 days
- B
90 days
- C
120 days
- D
140 days
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