As per the SEBI regulation, a minimum of . . . . . . . .% of the issued capital must be subscribed in order to validate a public share issue, failing of which, the issue may be cancelled and may be reissed on a future date.
A. 75
B. 80
C. 85
D. 90
E. 95
Answer: Option D
This Question Belongs to Commerce >> Accounting
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