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    E-Tech Academy

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    Ansari Sameer
    E-Tech Academy issued 10,000 shares of Rs. 10 each at a 10% discount payable as follows: On application: Rs. 3, On allotment: Rs. 3 (discount Rs. 1), On first call: Rs. 2, On second call: Rs. 1 Public applied for 15,000 shares and directors made pro-rata allotment to applicants. One shareholder holding 100 shares failed to pay the first and final calls. Expenses of issue amounted to Rs. 5000.

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    E-Tech Academy

    Uploaded by

    Ansari Sameer
    54 views2 pages
    E-Tech Academy issued 10,000 shares of Rs. 10 each at a 10% discount payable as follows: On application: Rs. 3, On allotment: Rs. 3 (discount Rs. 1), On first call: Rs. 2, On second call: Rs. 1 Public applied for 15,000 shares and directors made pro-rata allotment to applicants. One shareholder holding 100 shares failed to pay the first and final calls. Expenses of issue amounted to Rs. 5000.

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    E-Tech Academy issued 10,000 shares of Rs. 10 each at a 10% discount payable as follows: On application: Rs. 3, On allotment: Rs. 3 (discount Rs. 1), On first call: Rs. 2, On second call: Rs. 1 Public applied for 15,000 shares and directors made pro-rata allotment to applicants. One shareholder holding 100 shares failed to pay the first and final calls. Expenses of issue amounted to Rs. 5000.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    54 views2 pages

    E-Tech Academy

    Uploaded by

    Ansari Sameer
    E-Tech Academy issued 10,000 shares of Rs. 10 each at a 10% discount payable as follows: On application: Rs. 3, On allotment: Rs. 3 (discount Rs. 1), On first call: Rs. 2, On second call: Rs. 1 Public applied for 15,000 shares and directors made pro-rata allotment to applicants. One shareholder holding 100 shares failed to pay the first and final calls. Expenses of issue amounted to Rs. 5000.

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    © All Rights Reserved
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    of 2

    E-TECH ACADEMY

    Date:16/8/14 Time:1 hr STD:XII(Com) Sub:!" Mar#$:%&


    1)The A'(o 't)!* ma)e a+ i$$ue o( 1&*&&& $hare$ o( ,$!%& ea-h .a/ab'e a$ (o''o0$:
    Application: Rs. 5 allotment: Rs 10
    First call: Rs 2 final call: Rs 3
    The company received applications for 15000 shares of which applications for 5000
    Shares were reected and money ref!nded. The directors made all the calls. "ne share holder
    #oldin$ 100 shares failed to pay first and final call. The e%penses of iss!e amo!nted to Rs.5000.
    1a$$ 2our+a' e+trie$
    E-TECH ACADEMY
    Date:16/8/14 Time:1 hr STD:XII(Com) Sub:!" Mar#$:%&
    1)The A'(o 't)!* ma)e a+ i$$ue o( 1&*&&& $hare$ o( ,$!%& ea-h .a/ab'e a$ (o''o0$:
    Application: Rs. 5 allotment: Rs 10
    First call: Rs 2 final call: Rs 3
    The company received applications for 15000 shares of which applications for 5000
    Shares were reected and money ref!nded. The directors made all the calls. "ne share holder
    #oldin$ 100 shares failed to pay first and final call. The e%penses of iss!e amo!nted to Rs.5000.
    1a$$ 2our+a' e+trie$
    E-TECH ACADEMY
    Date:16/8/14 Time:1 hr STD:XII(Com) Sub:!" Mar#$:%&
    1)The A'(o 't)!* ma)e a+ i$$ue o( 1&*&&& $hare$ o( ,$!%& ea-h .a/ab'e a$ (o''o0$:
    Application: Rs. 5 allotment: Rs 10
    First call: Rs 2 final call: Rs 3
    The company received applications for 15000 shares of which applications for 5000
    Shares were reected and money ref!nded. The directors made all the calls. "ne share holder
    #oldin$ 100 shares failed to pay first and final call. The e%penses of iss!e amo!nted to Rs.5000.
    1a$$ 2our+a' e+trie$
    E-TECH ACADEMY
    Date:16/8/14 Time:1 hr STD:XII(Com) Sub:!" Mar#$:%&
    1)The A'(o 't)!* ma)e a+ i$$ue o( 1&*&&& $hare$ o( ,$!%& ea-h .a/ab'e a$ (o''o0$:
    Application: Rs. 5 allotment: Rs 10
    First call: Rs 2 final call: Rs 3
    The company received applications for 15000 shares of which applications for 5000
    Shares were reected and money ref!nded. The directors made all the calls. "ne share holder
    #oldin$ 100 shares failed to pay first and final call. The e%penses of iss!e amo!nted to Rs.5000.
    1a$$ 2our+a' e+trie$
    2&'lo(al )T ltd.* iss!ed 1*00*000 of Rs.10 each at a disco!nt of 10+ paya(le as follows:
    "n application: Rs 3 on allotment: Rs 3,disco!nt Rs 1&
    "n first call: Rs 2 on second call: Rs.1
    1ub'i- a..'ie) (or 1*%&*&&& $hare$ a+) the )ire-tor$ ma)e .ro-rata a''otme+t to the a..'i-a+t$!
    Sho0 the 2our+a' o( the -om.a+/ a$$umi+3 that a'' mo+e/ re-ei4e) o+ a''otme+t a+) -a''$!
    2&'lo(al )T ltd.* iss!ed 1*00*000 of Rs.10 each at a disco!nt of 10+ paya(le as follows:
    "n application: Rs 3 on allotment: Rs 3,disco!nt Rs 1&
    "n first call: Rs 2 on second call: Rs.1
    1ub'i- a..'ie) (or 1*%&*&&& $hare$ a+) the )ire-tor$ ma)e .ro-rata a''otme+t to the a..'i-a+t$!
    Sho0 the 2our+a' o( the -om.a+/ a$$umi+3 that a'' mo+e/ re-ei4e) o+ a''otme+t a+) -a''$!
    2&'lo(al )T ltd.* iss!ed 1*00*000 of Rs.10 each at a disco!nt of 10+ paya(le as follows:
    "n application: Rs 3 on allotment: Rs 3,disco!nt Rs 1&
    "n first call: Rs 2 on second call: Rs.1
    1ub'i- a..'ie) (or 1*%&*&&& $hare$ a+) the )ire-tor$ ma)e .ro-rata a''otme+t to the a..'i-a+t$!
    Sho0 the 2our+a' o( the -om.a+/ a$$umi+3 that a'' mo+e/ re-ei4e) o+ a''otme+t a+) -a''$!
    2&'lo(al )T ltd.* iss!ed 1*00*000 of Rs.10 each at a disco!nt of 10+ paya(le as follows:
    "n application: Rs 3 on allotment: Rs 3,disco!nt Rs 1&
    "n first call: Rs 2 on second call: Rs.1
    1ub'i- a..'ie) (or 1*%&*&&& $hare$ a+) the )ire-tor$ ma)e .ro-rata a''otme+t to the a..'i-a+t$!
    Sho0 the 2our+a' o( the -om.a+/ a$$umi+3 that a'' mo+e/ re-ei4e) o+ a''otme+t a+) -a''$!

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