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State whether the following statement is true or false. Shares not offered to the public for subscription is called as subscribed capital. - Secretarial Practice

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Question

State whether the following statement is true or false.

Shares not offered to the public for subscription is called as subscribed capital.

Options

  • True

  • False

MCQ
True or False

Solution

Shares not offered to the public for subscription is called as subscribed capital. - False

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Classification of Share Capital
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Chapter 3: Issue of Shares - EXERCISE [Page 63]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. D) 9. | Page 63
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