If the minimum subscription is not received by the company, then the refund of application money should be made within ______ days.

Related MCQs

• As per the SEBI guidelines, on issue of shares, the application money should not be less than
• Goods sent by HO but not received by branch before the end of the year, by debiting it to goods in transit, which account should be credited?
• If the opening balance of petty cash is Rs 1000, closing balance is Rs 500 and the petty cash received from HO is Rs 700, then what will be the amount of sundry expenses _____
• If the opening balance of debtors is Rs 16,000 and closing balance is Rs 80,000, cash received from debtors is Rs 35,000 and bad debts is Rs 1,000, then what will be the amount of credit sales?
• The excess price received over the par value of shares, should be credited __________.
• The difference between goods sent by H.O. and received by branch is known as _______
• When bonus share are received the average cost of the existing shares are ______
• Share application and allotment account is a:
• All the transactions measurable in the terms of money are recorded in accounts is according to
• Forfeiture of shares results in compulsory termination of ______ due to non-payment of allotment/call money