A company issued 10000 shares of ₹10 each @ discount of ₹1 per share. application : ₹3,allotment : ₹2 (including discount),first call:₹2,second call:₹2.public applied for 12000 shares and company decided for pro-rata allotment. anmol,a shareholder failed to pay first call on his shares. also,ronit a shareholder who hold 500 shares failed to pay first call and second call
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