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Shakti Ltd. invited applications for issuing …

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Shakti Ltd. invited applications for issuing 1,00,000 Equity Shares of ` 10 each. The amount was payable as follows: On Application ` 3 On Allotment : ` 2 On First and Final Call : ` 5 Applications were received for 2,20,000 shares. Applications for 20,000 shares were rejected and their application money
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