As per the provisions of the Companies Act, 2013, it is required that if the company is not able to collect __________ of the offer amount, then it needs to compulsorily return the money to those who have subscribed to t
CS Executive · Corporate and Management Accounting · PYQS · June 2022
As per the provisions of the Companies Act, 2013, it is required that if the company is not able to collect __________ of the offer amount, then it needs to compulsorily return the money to those who have subscribed to the shares.
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Corporate Accounting
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