Accountancy, asked by nihahusainmujawar, 2 months ago

The time
limit for
subscriptions
collection
is
minimun subscriptions is___
15 days?
7 days?
21 days.? Or
5 days?

Answers

Answered by sasmithayamini12

Answer:

21 days

Explanation:

Time limit for minimum subscription

Also, the minimum subscription should be collected within thirty days from the date of issue of the prospectus. The time limits mentioned are applicable only for receipt of the minimum subscription. Hence, allotment of securities can be made even after completion of the time limit.

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