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 If creditors are Rs. 25,000, capital is Rs. 1,50,000 and cash balance is Rs. 10,000, what will be the amount of sundry assets? September 27, 2022 What will be the impact of ‘B/R received from trade receivables’ on a Quick Ratio of 1: 1? October 3, 2022 Total Assets Rs. 2,60,000; Total Debts Rs. 1,80,000; Current Liabilities Rs. 20,000. Calculate Debt to Equity Ratio. August 12, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
If creditors are Rs. 25,000, capital is Rs. 1,50,000 and cash balance is Rs. 10,000, what will be the amount of sundry assets? September 27, 2022
What will be the impact of ‘B/R received from trade receivables’ on a Quick Ratio of 1: 1? October 3, 2022
Total Assets Rs. 2,60,000; Total Debts Rs. 1,80,000; Current Liabilities Rs. 20,000. Calculate Debt to Equity Ratio. August 12, 2022