Arrange in a correct order:
(A) Issue of prospectus
(B) Checking/verifying minimum subscription
(C) Allotment of shares
(D) Making calls
(E) Receipt of applications for shares
Choose the correct answer from the options given below:

Correct option is C

The correct sequence for a share issuance process is:
(A) Issue of prospectus,
(E) Receipt of applications for shares,
(B) Checking/verifying minimum subscription,
(C) Allotment of shares,
(D) Making calls.