Question

Micromax Ltd. is registered with a capital of 20,00,000 Equity Shares of * 10 each. 1,50,000
Equith Shares were offered for subscription to public. Applications were received for 1,50,000
shares. All calls were made and amount was duly received except final call of * 2 on 20,000
shares. Give the various kinds of Share Capital.​

Answer 1

Answer:

All the calls were made and were duly received except the final call of ₹ 20 per ... It further issued to public 1,50,000 Equity Shares at par for subscription ...

Explanation: