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What is minimum subscription |
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Answer» It is the amount received by the company from the investor after issuing the prospectus &purchase of company\'s share it is important to commence the business mini90% Actually it is the minimum amount which should be subscribed by the public Min number of shares that must be subscribed by the investors before a company proceeds with the allotment of shares.....that is 90% It is the minimum amount which is recieved before issuing shares to a person |
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