Question:medium

Minimum Subscription of capital:

Updated On: Mar 26, 2026
  • Can be less than \( 90 \%\) of the Issued capital 
  • Should be equal to at least \( 50\%\) of Authorised Capital 
  • Should be in the range of \( 80 \%\) to \(90\%\) of the Issued capital 
  • Can not be less than \(90\%\) of the Issued amount
Show Solution

The Correct Option is D

Solution and Explanation

The correct option is (D) :Can not be less than \(90\%\) of the Issued amount
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