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ISSUE OF SHARES. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCISSUE OF SHARES.1 Mark
MCQ
How is the share applied in the present circumstances?
  • A
    By applying to SEBI.
  • B
    By giving application form and check.
  • ✓
    By blocking the amount of share application in the account of the applicant and by filling up his ASBA form.
  • D
    By sending a share application to the company register.
✓

Answer

Correct option: C.
By blocking the amount of share application in the account of the applicant and by filling up his ASBA form.

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