Question

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​

Answer 1

Answer:

answer is c

minimum subscription is received

Answer 2

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