is minimum subscripttion = 90% of the application money?
2 Replies
CS Jithesh (ACS,)
(COMPANY SECRETARY )
(485 Points)
Replied 03 May 2010
Minimum Subscripttion is the 90% of total issued share capital for subscripttion to public and other intermediaries
SUDHIR & PRADEEP JI
(CA FINAL+LLB + DISA)
(2299 Points)
Replied 03 May 2010
MINIMUM SUBSCRIPTION = 90% OF TOTAL ISSUED CAPITAL
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