Minimum subscription
PARVEEN KUMAR (5 Points)
18 February 2020
% required for minimum subscripttion in case share capital and debentures.
5 Replies
Jatin Bajaj
(CS)
(2930 Points)
Replied 19 February 2020
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
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