One of the conditions in addition to others for allotment of shares is ........

General Accounting Principles Accounting for Shares

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One of the conditions, in addition to others, for allotment of shares is :

Resolution in General Meeting

Receiving Minimum Subscription

Full Subscription by Public

Full Payment on Application

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Explanation:

Receiving Minimum Subscription:

The minimum shares the company needs to get from the public out of the total issue by the date of closure. (Presently every company need to raise 90% of the issued amount). Else, the company shall refund the whole amount received. This 90 % has to be exclusive of the cheques that are not cleared.