Question:
Minimum Subscription of capital:
Minimum Subscription of capital:
Updated On: Sep 23, 2024
- Can be less than \( 90 \%\) of the Issued capital
- Should be equal to at least \( 50\%\) of Authorised Capital
- Should be in the range of \( 80 \%\) to \(90\%\) of the Issued capital
- Can not be less than \(90\%\) of the Issued amount
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The Correct Option is D
Solution and Explanation
The correct option is (D) :Can not be less than \(90\%\) of the Issued amount
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