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Minimum Subscription of shares

Corporate & Other Laws

Sir , If Minimum subscribtion = 90% (issue price ) or 90% (face value ) which holds correct ?


M V Naresh

M V Naresh

CA Final

3K+

05-May-21 07:42

305

Answers (1)

Best Answer

But obvious 90% of the issued amount


Himanshu Somani

Himanshu Somani

CA Final

71K+

05-May-21 07:56

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