Menu
Minimum subscription
% required for minimum subscripttion in case share capital and debentures.
Replies (5)
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 Threads
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
- Wrong reporting on 22 april 2026 under article inc
- Articeship Form 107
- TAN for Multiple States
- Delivery Challan serial number Issue and return ru
- After filing form 71 For TDS mismatch
- UNCLAIMED TDS REFUND QUERY
- Rcm payable which head
Related Threads
CAclubindia
