As per the SEBI guidelines, on issue of shares, the application money should not be less than

Related MCQs

• After the issue of forfeited shares, balance of forfeited shares account Is transferred to
• If the minimum subscription is not received by the company, then the refund of application money should be made within ______ days.
• To issue shares on premium mean
• To issue shares on Par mean
• To issue shares on Discount mean
• If shares are bought back out of free reserves then a sum equal to nominal value of the shares so bought back is transferred to:
• Preference shares have priority over equity shares for
• Forfeiture of shares results in compulsory termination of ______ due to non-payment of allotment/call money
• The excess price received over the par value of shares, should be credited __________.
• If the Market value of closing Inventory is less than its cost price, inventory will he shown at ____