BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Accounting and Auditing The Companies Act

Chapter IV of the Companies Act, 2013, deals with share capital and debentures. According to this chapter, the minimum subscription amount required for the allotment of shares is ________ of the issue size.

1

50%

2

75%

3

80%

4

90%

5

100%

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