Chitralekha Ltd., issued 60,000 6% debentures of Rs. 100 each. 80% of the issue was Underwritten by Balu Brothers. Applications for 45,000 shares were received in all out of which applications for 30,000 were marked. Determine the liability of Balu Brothers.
Answers
Answered by
0
Explanation:
Chitralekha Ltd., issued 60,000 6% debentures of Rs. 100 each. 80% of the issue was Underwritten by Balu Brothers. Applications for 45,000 shares were received in all out of which applications for 30,000 were marked. Determine the liability of Balu Brothers.
Similar questions