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E ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was Rs. 2 and balance on allotment. F applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from F will be : |
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Answer» E ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was Rs. 2 and balance on allotment. F applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from F will be : |
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