P2 C1 ACCOUNTING FOR SHERE CAPITAL — Elements of Account STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP2 C1 ACCOUNTING FOR SHERE CAPITAL1 Mark
Question
What is 'Lock-in period'?
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Answer
When the allotees of shares are not allowed to sell their shares for a certain minimum period from the date of allotment, then it is known as 'Lock-in period'.
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