As per SEBI guidelines,what is the minimum subscription that a company must receive before issue of shares?
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SEBI guidelines on bonus issue of a company are as follows:
No bonus shares shall dilute other issues: ...Bonus issue from free reserves: ...Revaluation reserve not eligible: ...Issue in lieu of dividend: ...Partly paid shares not eligible: ...No default of payment of interest, etc.: ...Time within which bonus issue shall be made:
No bonus shares shall dilute other issues: ...Bonus issue from free reserves: ...Revaluation reserve not eligible: ...Issue in lieu of dividend: ...Partly paid shares not eligible: ...No default of payment of interest, etc.: ...Time within which bonus issue shall be made:
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