meaning of opening & closing of issue

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pls. anybody can tell me what is the meaning of opening & closing of issue as per companies act
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The Companies Act, 1956 do not define the terms quoted by you i.e. Opening and Closing of Issue. But in common parlance this term means:- Opening of Issue- First Day for subscripttion of issue & Closing of isue- Last day of subscripttion of issue

 

Regards,

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