Shiva ltd. Issued 30000 shares of …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Shiva ltd. Issued 30000 shares of rs. 10 each @ premm of rs 2 payable as under
On application - rs 4
On allotment - rs 3
On share 1 and final call - rs 5 (including premm)
Application was recived for 85000 shares and pro rata allotment was made among all the applicants. Excess application money was to be adjusted towards allotment and call. All calls were made and duly recived except Anu who applied for 3400 shares and did not pay anything thereafter. Her shares were forfeited after final call and these shares were reissued for rs 9 fully paid up.
Posted by Akash Choudhary 3 years, 1 month ago
- 3 answers
Related Questions
Posted by Kinara Bhatt 1 week, 4 days ago
- 0 answers
Posted by Tanya Chaudhary 1 week, 3 days ago
- 0 answers
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Princee Veerwal 1 year, 1 month ago
16Thank You