Penalty for delay in refunding application money

Related MCQs

• The minimum share application money is….
• The minimum application money to be paid by an applicant must not be less than …….as per Companies Act.
• Share application account is a….
• Which of the following does not represent application of fund of a company?
• Share application account is a ………..
• Share application account is in the nature of ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ account.
• Forfeiture of shares results in compulsory termination of ------ due to non payment of allotment/call money.
• On forfeiture of shares, which of the following account is credited with the amount of money already received on such shares?
• Compulsory cancellation of shares by the company\y due to non‐payment of allotment or call money is called …………….
• In …………., the insurer agrees to pay a certain sum of money to the policyholder either on his death or a certain age, which ever is less.