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Arti Ltd issued 80000 shares of …

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Arti Ltd issued 80000 shares of Rs 10 each at prem. Of 8 per share. The amount was payable as on appl. Rs 9(5) and balance on allotment. Application were received for 140000 shares and allotment was made as under list : A. Appl. Of 80000 alloted 60000 . B. Appl. Of 60000 alloted 20000 . Mr. A holder of 3000 shares failed to pay allot. calculate the amt received from allotment.
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