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Section 69 in The Companies Act, 1956 [Entire Act]

Companies Act, 1956 69. Prohibition of allotment unless minimum subscription received .- (1) No allotment shall be made of any share capital of a company offered ... money, and is in this Act referred to as "the minimum subscription". (3) The amount payable on application on each share shall not be less
Union of India - Section Cites 0 - Cited by 137

Section 101 in Indian Companies Act, 1913 [Entire Act]

memorandum or articles and named in the prospectus as the minimum subscription upon which the directors may proceed to allotment; or (b) if no amount ... cash, and is in this Act referred to as the minimum subscription. (3) The amount payable on application on each share shall, not be less
Union of India - Section Cites 0 - Cited by 12
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