Biology, asked by ItzKaminiForYou, 10 hours ago

What is Pro rata Allotment..???

Answers

Answered by KiRtAn16380067

1

Answer:

Pro-rata allotment refers to the allotment of shares in proportion of the shares applied for. When a company makes pro-rata allotment, it adjusts the excess money received at the time of application firstly, towards the allotment and then towards calls. ... Hence, an applicant for 2 shares will receive 1 share.

Explanation:

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Answered by deepakgowtham2006

2

Answer:

Pro-rata allotment refers to the allotment of shares in proportion of the shares applied for. When a company makes pro-rata allotment, it adjusts the excess money received at the time of application firstly, towards the allotment and then towards calls. ... Hence, an applicant for 2 shares will receive 1 share.

Explanation:

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