The important steps in the procedure of share issue are :
(A) The company issues the prospectus to the public.
(B) The company has to get minimum subscription within 120 days from the date of the issue of the prospectus.
(C) The prospective investors intending to subscribe the share capital of the company would make an application along with the application money.
(D) Letters of allotment are sent to those whom the shares have been alloted, and letters of regret to those to whom no allotment has been made.
Choose the correct sequence of steps from the options given below:
Held on 15 May 2025 · Verified 13 Jul 2026.
(A), (B), (C), (D)
(A), (C), (B), (D)
(B), (A), (D), (C)
(C), (B), (D), (A)
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