Accountancy, asked by PragyaTbia, 1 year ago

What do you understand by Pro-rata allotment of shares? (Answer in one sentence)

Answers

Answered by Anonymous
1
IT REFERS TO METHOD OF ALLOTMENT OF SHARES IN WHICH EACH APPLICANT IS ALLOTTED SHARES IN PROPORTION TO THE NUMBER OF SHARES APPLIED FOR BY HIM..
Answered by yattipankaj20
1

Answer:

As per the question

Pro-rata allotment of shares :

In case of pro rata allotment of shares there may  be difficulties in finding out the amount not received on a particular call , if such shares have been forfeited

some shareholder were allotted shares under pro - rata system  i.e. they applied for more shares and they were allotted less number of shares. Therefore their excess application money were transferred towards some due on allotment

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