Vikram ltd. Issued 50000 shares of …
CBSE, JEE, NEET, CUET
Question Bank, Mock Tests, Exam Papers
NCERT Solutions, Sample Papers, Notes, Videos
Vikram ltd. Issued 50000 shares of rs 10 each at premium of rs 1 per share payable as follows
Rs 3 on application
Rs 4 on allotment ( including premium )
Rs 2 on 1st call
Balance when required
Application were received for 46000 shares and all of these were accepted. Directors did not make the final call. A shareholder holding 800 shares did not pay the amount due on first call . The shares were forfeited and re-issued at rs 7 per share, rs 8 per share paid
Posted by Vivek Purseth 1 month, 2 weeks ago
- 2 answers
Related Questions
Posted by Johny Lalhmangaihsanga 12 hours ago
- 1 answers
Posted by Velkharthik A 15 hours ago
- 0 answers
Posted by Monika Godara 1 week ago
- 0 answers
Posted by Sidra Badie 15 hours ago
- 0 answers
Posted by Manvi Zaildar 15 hours ago
- 0 answers
Posted by Siddhi Jain 1 week, 1 day 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
Being Indian 3 years, 3 months ago
33Thank You