Q78
Which of the following actions can be taken when an issue is made under the provisions of Section 42 of the Companies Act, 2013?
A.
An advertisement can be issued in a local newspaper having city coverage
B.
The money payable towards subscription can be received in cash
C.
The share can be allotted within sixty days of the date of offer
D.
The offer can be made to a maximum of fifty people
AnswerAnswer: Option D
Solution
Answer: Option D
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