Menu
Minimum subscription
% required for minimum subscripttion in case share capital and debentures.
Replies (5)
Quick Summary
90% subscripttion is required
In case of debenture ????
Both cases it is 90%
As per the provisions of section 39 of the Companies Act 2013, the amount of minimum subscripttion is the amount mentioned in the prospectus. Earlier in the Companies Act 1956, the amount of minimum subscripttion is 90 percent of the issued amount
Debentures can be forfeited ???
Recent Topics :
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
Related Topics :
CAclubindia
