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Company Accounts – Issue of Shares — Book Keeping & Accountancy STD 12 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 12 Commerce / ArtsBook Keeping & AccountancyCompany Accounts – Issue of Shares1 Mark
Question
What is Over Subscription of Shares?
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Answer

When a company received more applications of shares than those actually offered or issued to the public, known as Over Subscription of Shares.

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