Question

Write down any two objectives of collecting the amount of minimum subscription.​

Answer 1

Answer:

Minimum subscription is the term which is used to represent the amount of the issue which has to be subscribed or else the shares can't be issued if it is not being subscribed

Answer 2

Answer:

Minimum subscription refers to the minimum amount which a company should raise at the time of issuing capital. The requirement for minimum subscription applies to all companies which raise funds from the public. The company may successfully procure the amount of minimum subscription.

Explanation:

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