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Vikash Ltd. issued 50,000 shares of …

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Vikash Ltd. issued 50,000 shares of 10 each at a premium of 1 per share payable as follows: 3 on Application 4 on Allotment (including premium) 2 on 1 ^ (st) Call Balance when required Applications were received for 46,000 shares and all of these were accepted. Directors did not make the final call. A shareholder holding 800 shares did not pay
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