Compulsory cancellation of shares by the company\y due to non‐payment of allotment or call money is called …………….

Related MCQs

• Forfeiture of shares results in compulsory termination of ------ due to non payment of allotment/call money.
• Voluntary return of shares by shareholders to the company for cancellation is called
• The allotment of shares in case of oversubscription is called…..
• ------ implies issue and allotment of shares to a selected group of persons and not to general public.
• When shares are oversubscribed, allotment is made on ‐‐‐‐‐‐‐‐‐‐‐‐‐‐ basis
• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• The minimum amount of capital which must be subscribed by the public before allotment is called
• When own debentures are cancelled any profit on cancellation is transferred to …
• When own debentures are cancelled, any profit on cancellation is transferred to ……..
• When own debentures are cancelled, any profit on cancellation is transferred to