Question

Company goes for publish issue of each share of face value Rs. 10. The application money is Rs.2, allotment Rs.3, First call Rs. 4, Final call Rs. 1. Is this valid? Explain.

Answer 1

Yes , this is valid .

If the company goes for the distribute issue of each offer / share of an assumed worth Rs. 10. The application cash is Rs. 2, designation Rs. 3 , First call Rs. 4, and Final call Rs. 1. Then , it is valid .

Answer 2

Answer:

"Yes, the given sentence is true.

A company goes for publish issue of each share having an individual face value Rs.10. The application money for each is Rs.2. The allotment share for each is Rs.3. The first call for each is Rs. 4. The Final call for each is Rs.1.

Thus, this is a valid operation which is made by the company.

"

Explanation: