Companies act
Dipul mehta (COMPLIANCE OFFICER ) (333 Points)
26 November 2016
Can for private placement offer there is a requirement of Minimum Subscripttion
1 Replies
Jatin Bajaj
(CS)
(2930 Points)
Replied 26 November 2016
aS PER SECTION 42 OF THE COMPANIES ACT, MINIMUM SUBSCRIPTION SHALL NOT BE LESS THEN THE 20,000 RUPEES OF THE FACE VALUE OF THE SECURITIES PER PERSON
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