What Do You Know About Minimum Subscription?

1.	What Do You Know About Minimum Subscription?
Answer» The amount fixed by the Directors and mentioned in the ARTICLES of ASSOCIATION and prospectus which must be subscribed by the PUBLIC before allotment of SHARES is CALLED minimum subscription. The amount fixed by the Directors and mentioned in the Articles of Association and prospectus which must be subscribed by the public before allotment of shares is called minimum subscription.

Answer»

The amount fixed by the Directors and mentioned in the ARTICLES of ASSOCIATION and prospectus which must be subscribed by the PUBLIC before allotment of SHARES is CALLED minimum subscription.

The amount fixed by the Directors and mentioned in the Articles of Association and prospectus which must be subscribed by the public before allotment of shares is called minimum subscription.

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What Do You Know About Minimum Subscription?

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