bba solved sums

Complete Underwriting

Leave a Comment / BBA & BCOM, Calcutta University, CORPORATE ACCOUNTING & FINANCIAL REPORTING, Distance MBA, MAKAUT, MBA, Osmania University, Study Material / By /

(a) When an entire issue is fully underwritten by a single underwriter:In case, an issue is subscribed fully by the public, the underwriter is relieved from the clutches of any liability. Otherwise, if an issue is not subscribed entirely, the underwriter has to shoulder the liability for the members of shares or debentures that are …

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Underwriting of Shares and Debentures

Leave a Comment / BBA & BCOM, CORPORATE ACCOUNTING & FINANCIAL REPORTING, MAKAUT, Study Material / By /

When a company issues shares, it should receive the amount of minimum subscription as mentioned in the prospectus. According to the provisions of Section 69 (1) of the Companies Act, the minimum subscription should not be less than 90% of the issue value. It should be received within 120 days from the date of opening …

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