Multiple Choice Questions on Every person willing to subscribe to the private placement issue shall pay to the company the subscr........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

Every person willing to subscribe to the private placement issue shall pay to the company the subscr...........

Companies Act-Phase (I & II) Prospectus
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    Every person willing to subscribe to the private placement issue shall pay to the company the subscription money by_______

    Cheque

    Correct Answer

    Cash

    Incorrect Answer

    Either of the above

    Incorrect Answer

    None of the above

    Incorrect Answer
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    Explanation:

    Every person willing to subscribe to private placement issue shall apply in private placement along with subscription money paid either by cheque or demand draft or other banking channel and not in cash.

    By: Vikas Goyal
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