Bikaneri Products Ltd. registered with capital of 90,00,000 divided in

1.	Bikaneri Products Ltd. registered with capital of 90,00,000 divided into 90,000 equity shares of 100each. The company issued prospectus inviting applications for 50,000 equity shares of 100 each payable as 30 on application, 30 on allotment 20 on first call and balance on second call. Applications were received for 48,000 shares. Raman to whom 1600 shares were allotted, failed to pay final call money and these shares were forfeited. Of the forfeited shares, 600 shares were reissued to Suman, credited as fully paid for 90 per share. Present the Share Capital as per Schedule III of Companies Act, 2013.
Answer» ANSWER: this is too HARD. i can. not answer it

Bikaneri Products Ltd. registered with capital of 90,00,000 divided into 90,000 equity shares of 100each. The company issued prospectus inviting applications for 50,000 equity shares of 100 each payable as 30 on application, 30 on allotment 20 on first call and balance on second call. Applications were received for 48,000 shares. Raman to whom 1600 shares were allotted, failed to pay final call money and these shares were forfeited. Of the forfeited shares, 600 shares were reissued to Suman, credited as fully paid for 90 per share. Present the Share Capital as per Schedule III of Companies Act, 2013.

Answer»

ANSWER:

this is too HARD. i can. not answer it

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