Скачать или смотреть Sec 39 & 40: Allotment & Listing Rules in 100s! | CA Inter Corporate Law | Sky CA Verse

Master the rules of Allotment and Listing in just 100 seconds! 🚀

📌In this episode of "1 Minute 1 Concept," we simplify Section 39 (Allotment of Securities) and Section 40 (Securities to be Dealt with in Stock Exchanges). Learn the must-know rules about Minimum Subscription and Stock Exchange permissions to ace your CA Inter Law exam!

📍 Topics Covered:
🔹️Section 39: Minimum Subscription requirement (90% rule) and Return of Allotment (Form PAS-3).
🔹️Section 40: Statutory requirement for listing and keeping application money in a Separate Bank Account.
🔹️Timelines: Refund rules if the minimum subscription isn't met.
🔹️Penalties: Consequences of default under these sections.

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