The Time period to collect minimum subscription as specified in the Prospectus of a company is ........

Companies Act-Phase (I & II) Prospectus

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The Time period to collect minimum subscription as specified in the Prospectus of a company is:

Sixty Days from the date of opening of issue

Ninety Days from the date of opening of issue

One Hundred and Twenty Days from the date of opening of issue

One Hundred Days from the date of opening of issue

None of the Above

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Explanation:

As per Companies Act,2013 the time limit allowed for the collection of minimum subscription is 120 days . This time period should be calculated from the date of opening of the issue. Also, the minimum subscription should be collected within 30 days from the date of issue of the prospectus.