Application For Shares
Legal definition for Indian law research
Definition
Application for shares. Under the Companies Act, 1929, s. 35, the issue of forms of applications for shares in a public company must be accompanied by the prospectus, and the amount payable on such application must not be less than five per cent. of the nominal amount of the shares (s. 39).
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.