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प्रश्न
State true or false with reason.
Once the application money is received, directors can immediately proceed for allotment of shares.
विकल्प
True
False
MCQ
सत्य या असत्य
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उत्तर
This statement is False.
Directors can proceed for allotment of shares only after receiving minimum subscription amount of the issued amount by cheque or other instrument complying all legal requirements.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Company Accounts - Issue of Shares - Exercise 8.1 (Objective Questions) [पृष्ठ ३३९]
