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Commerce · Q430

Legal Aspects of Business

Graduate and Post Graduate · Commerce · question 430

Q430

As per SEBI guidelines, on issue of shares, the application money should not be less than

A.
10% of the nominal value of shares
B.
10% of the issue price of the shares
C.
25% of the nominal value of shares
D.
25% of the issue price of the shares
Answer

Answer: Option D

Solution

Answer: Option D
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