Small shareholder means a shareholder holding shares of nominal value of not more than rupees __________ or such other sum as may be prescribed.

Question

Q. "Small shareholder" means a shareholder holding shares of nominal value of not more than ___________ or such other sum as may be prescribed.

Answer 1

Small shareholders means a shareholders holding shares of nominal value of not more than Rs.20,000 or such other sum as may be prescribed.

The correct option is D 20,000Small shareholders means a shareholders holding shares of nominal value of not more than Rs.20,000 or such other sum as may be prescribed.