Underwriting of Shares | by CA/CMA Santosh Kumar

Underwriting of Shares | by CA/CMA Santosh Kumar Underwriting of Shares:- If the company does not receive 90 per cent of issued amount from public subscription within 120 days from the date of opening of the issue, the company cannot proceed with allotment and must refund the amount of subscription. In the case of a new company, it cannot obtain a certificate to commence business. Under the SEBI guidelines underwriting is mandatory for the net issue made to the public. In view of all this public companies enter into underwriting arrangements. Download PDF- https://coceducation.com/ebooks/e-boo... 𝐕𝐢𝐬𝐢𝐭 𝐎𝐮𝐫 𝐖𝐞𝐛𝐬𝐢𝐭𝐞 to know more about the courses: https://www.coceducation.com/ For Any Query Call or WhatsApp:- 𝟳𝟯𝟬𝟯𝟰𝟰𝟱𝟱𝟳𝟱, 𝟵𝟵𝟵𝟵𝟲𝟯𝟭𝟱𝟵𝟳, 𝟴𝟰𝟰𝟴𝟯𝟮𝟮𝟭𝟰𝟮 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 𝐘𝐨𝐮𝐓𝐮𝐛𝐞 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝘀: ✅ 𝗦𝗮𝗻𝘁𝗼𝘀𝗵 𝗞𝘂𝗺𝗮𝗿-    / santoshkumaronlinestudy   ✅ 𝗖𝗢𝗖 𝗖𝗔 𝗖𝗹𝗮𝘀𝘀𝗲𝘀 (Channel for Exclusive CA Lectures & Updates)-    / @conceptca_coc   ✅ 𝗖𝗢𝗖 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗦𝗰𝗵𝗼𝗼𝗹 (For All Free Lectures of Class 11th & 12th)-   / coccommerceschool   𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐀𝐩𝐩 for getting the latest updates regarding new courses and Video Updates: https://play.google.com/store/search?... (Available on Google Play Store) For updates, join our 𝗪𝗵𝗮𝘁𝘀𝗔𝗽𝗽 𝗚𝗿𝗼𝘂𝗽: http://whatsapp.coceducation.com/ 𝗧𝗲𝗹𝗲𝗴𝗿𝗮𝗺 𝗰𝗵𝗮𝗻𝗻𝗲𝗹: For CA Course:- https://t.me/coceducationca For CMA Course:- https://t.me/coceducationcma For Class 11th-12th:- https://t.me/cocclass11and12 Follow us on 𝗜𝗻𝘀𝘁𝗮𝗴𝗿𝗮𝗺: For CA, CMA, CS, Class 11th & 12th:-   / coc_education_   #accounting #coceducation #santoshkumar #cacmasantoshkumar