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State Whether the Following Statements Are True Or False.An Underwriter Has to Subscribe Within 6o Days That. Part of Shares Which Remain Unsubscribed by the Public.

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Question

State whether the following statements are True or False.
An underwriter has to subscribe within 6o days that. part of shares which remain unsubscribed by the public.

True or False
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Solution

False

shaalaa.com
Underwriting of Shares and Debentures
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