Allotment of shares can be taken
up only after:
(A) taking approval of sharehold-
ers
(B) taking approval of SEBI
(C) minimum subscription is re-
ceived
(D) approval of Registrar of com-
panies
Answers
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Answer:
answer is c
minimum subscription is received
Answered by
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Allotment of shares is done only with the approval of the share holders.
Explanation:
- This is because the shares of an industry can be distributed only with the approval of the share holders who are ready to accept the decided shares by the company.
- Each and every share holder is responsible in attaining the shares only for the growth of themselves and for the organization.
- If anyone of the share holder is not happy with the shares and their consequent interest rates, the shares cannot be distributed properly.
To know more:
1) Difference types of share holders in meanting of jount stock company
https://brainly.in/question/7476965.
2) What is mean by share holders?
https://brainly.in/question/1712966
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