State the steps other than rejecting applications that a company can take in case of over-subscription. Post category:Accountancy Reading time:1 mins read SOLUTION (i) To make pro-rata allotment to the remaining applicants; or (ii) Accepting some applications in full and alloting the remaining on pro-rata basis. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostDistinguish between ‘Over-Subscription’ and ‘Under-Subscription’. Next PostD Ltd. invited applications for issuing 10,00,000 equity shares of Rs. 10 each. The public applied for 8,55,000 shares. Can the company proceed for the allotment of shares? Give reason in support of your answer. (C.B.S.E. 2014. Outside Delhi). You Might Also Like At what rate interest is payable on the amount remaining unpaid to the executor of deceased partner? (C.B.S.E. 2019 M.P.) September 27, 2022 On 31st March, 2021 the Balance Sheet of Ram and Shyam who share profits and losses in the ratio of 3: 2 was as follows: November 5, 2022 A and B are carrying on business in partnership and sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2019 stood as: August 1, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
At what rate interest is payable on the amount remaining unpaid to the executor of deceased partner? (C.B.S.E. 2019 M.P.) September 27, 2022
On 31st March, 2021 the Balance Sheet of Ram and Shyam who share profits and losses in the ratio of 3: 2 was as follows: November 5, 2022
A and B are carrying on business in partnership and sharing profits and losses in the ratio of 3 : 2. Their Balance Sheet as at 31st March, 2019 stood as: August 1, 2022