Business Studies · Capital Subscription
As per the guidelines laid down by the Securities and Exchange Board of India (SEBI), what is the minimum subscription percentage that a company must receive of the total shares issued before it can proceed with allotment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 150 percent
- 275 percent
- 390 percent✓
- 460 percent
Correct answer
90 percent
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