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Madan ltd invited application on 20000 …

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Madan ltd invited application on 20000 shares of rs 100 each at a discount of 10 % payable at rs 25 on application rs 25 on allotment rs 25 on first call and rs 15 on second and final call.. ritu who applied 1000 shares was alloted 600 shares and the excess application money adjusted against allotment money and shares alloted ... 1. The allotment money and 1st call 2. The 1st call only .. journalist
  • 1 answers

Ravi Rajput 6 years, 2 months ago

Issue on discount is not in syllabus.
http://mycbseguide.com/examin8/

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