The minimum application moneys to be paid by an applicant along with the application money shall not
Question:
The minimum application moneys to be paid by an applicant along with the application money shall not be less than
A. 20% of the face value of the shares
B. 20% of the issue price
C. 25% of the issue price
D. 25% of the value of the shares
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C 25...View the full answer
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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