Start learning →

Reg 7(2): general corporate purposes may not exceed what share of the amount raised?

A25 per cent
B15 per cent
C10 per cent
D5 per cent
Answer & Solution
Correct answer: A. 25 per cent
The general corporate purposes object is capped at twenty five per cent of the amount being raised.
Practise this question with Quill — CA Final →

Keep practising Public Issue and Capital Raising Rules

Browse all Public Issue and Capital Raising Rules questions for CA Final, or explore more Law topics.

Start a Public Issue and Capital Raising Rules lesson →
Related questions