Business Studies, asked by vachandiwani, 8 months ago

explain the capital subscription stages in the formations of a company

Answers

Answered by laxmidevasani983

13

Capital Subscription Stage: A private company or a public company not having share capital can commence business immediately on its incorporation. As such 'capital subscription stage' and 'commencement of business stage' are relevant only in the case of a public company having a share capital.

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