The issue of shares at a premium is governed under Section ________ of the Companies Act, 2013.

Which of the following statements are correct regarding 'Minimum Subscription' requirements during the issue of corporate shares? A. Minimum subscription must not fall below 90% of the total issued amount. B. Under Companies Act provisions, a company must secure the minimum subscription within 120 days from prospectus issuance. C. If minimum subscription is not achieved, the company can retain up to 10% to cover preliminary expenses. D. Delay in refunding application money beyond prescribed days makes the company liable to pay interest at 15% per annum. Choose the most appropriate answer from the options given below:

The important steps in the procedure of share issue by a company are: (A) The company issues the prospectus to the public. (B) The company has to get minimum subscription within the prescribed period. (C) The prospective investors intending to subscribe to the share capital make an application along with application money. (D) Letters of allotment are sent to those alloted shares, and letters of regret to others. Choose the correct sequence of steps from the options given below: