Underwriting-concept
Focus (CA-Final Student) (272 Points)
28 May 2014
what is meant by underwriting?
4 Replies
RISHABH ARORA
(Company Secretary in Practice )
(194 Points)
Replied 30 May 2014
it is a process whereby an organisation or group of organistion undertake to subscribe to the shares of the co. in case of under subscripttion for the consideration of commission which is normally paid by the shares.
RISHABH ARORA
(Company Secretary in Practice )
(194 Points)
Replied 30 May 2014
sorry through the shares
Focus
(CA-Final Student)
(272 Points)
Replied 31 May 2014
Does such organization earn commission through shares ?
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