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ISSUE OF SHARES. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCISSUE OF SHARES.1 Mark
MCQ
Which allotment of share is void from the very beginning ?
  • A
    Irregular
  • ✓
    Illegal
  • C
    Before public issue
  • D
    Private placement
✓

Answer

Correct option: B.
Illegal

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