Correct option is C
The correct sequence for a share issuance process is:
(A) Issue of prospectus,
(E) Receipt of applications for shares,
(B) Checking/verifying minimum subscription,
(C) Allotment of shares,
(D) Making calls.
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Question
Arrange in a correct order:
(A) Issue of prospectus
(B) Checking/verifying minimum subscription
(C) Allotment of shares
(D) Making calls
(E) Receipt of applications for shares
Choose the correct answer from the options given below:
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CUET 2025 English Language Mock 01
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EnglishSimilar Questions
- 1)Arrange the following in the correct order:
(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
Choose the correct answer from the options given below: - 2)Oversubscription is a situation where the
- 3)400 shares of ₹50 each issued at par were forfeited for non-payment of final call of ₹10 per share. These shares were reissued at ₹45 per share as fully paid-up. The amount transferred to capital reserve is:
- 4)Match List-I with List-II.
Choose the correct answer from the options given below: - 5)If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum subscription, from the date of closure of the subscription list, the company shall be liable for interest at the rate of:
- 6)A company can accept calls in advance, if authorised by:
- 7)Arrange the following steps in the correct sequence of the life of a company:
(A) Commencement of Business
(B) Incorporation
(C) Promotion
(D) Floatation
Choose the correct answer from the options given below: - 8)A company forfeited 100 Equity shares of ₹10 each issued at a premium of 20% for non-payment of final call of ₹5 including the premium. Show the journal entry for forfeiture of shares:
- 9)
R. ltd invited applications for 15,000 shares of ₹10 each at premium of ₹2 per share. The amount was payable as follows:
On Application ₹4.
On Allotment ₹5
On 1st call ₹2 and on final call ₹1
Applications were received for 20,000 shares. Application of 2,000 shares were rejected. Mohan, who applied for 3,000 shares was allotted in full and pro-rata allotment was made to the remaining applicants. All money was fully received with the exception of first call and final call on 3,000 shares held by Hari. These shares were forfeited and subsequently re-issued @ ₹8 per share.
On the basis of the above information answer the question. - 10)If a company fails to receive minimum subscription within 120 days from the date of issue of the prospectus. In how many days should company refund the amount of application money from the date of Issue of Prospectus?
Similar Questions
- 1)Arrange the following in the correct order:
(A) Subscribed Capital
(B) Issued Capital
(C) Authorised Capital
(D) Paid-up Capital
Choose the correct answer from the options given below: - 2)Oversubscription is a situation where the
- 3)400 shares of ₹50 each issued at par were forfeited for non-payment of final call of ₹10 per share. These shares were reissued at ₹45 per share as fully paid-up. The amount transferred to capital reserve is:
- 4)Match List-I with List-II.
Choose the correct answer from the options given below: - 5)If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum subscription, from the date of closure of the subscription list, the company shall be liable for interest at the rate of:
- 6)A company can accept calls in advance, if authorised by:
- 7)Arrange the following steps in the correct sequence of the life of a company:
(A) Commencement of Business
(B) Incorporation
(C) Promotion
(D) Floatation
Choose the correct answer from the options given below: - 8)A company forfeited 100 Equity shares of ₹10 each issued at a premium of 20% for non-payment of final call of ₹5 including the premium. Show the journal entry for forfeiture of shares:
- 9)
R. ltd invited applications for 15,000 shares of ₹10 each at premium of ₹2 per share. The amount was payable as follows:
On Application ₹4.
On Allotment ₹5
On 1st call ₹2 and on final call ₹1
Applications were received for 20,000 shares. Application of 2,000 shares were rejected. Mohan, who applied for 3,000 shares was allotted in full and pro-rata allotment was made to the remaining applicants. All money was fully received with the exception of first call and final call on 3,000 shares held by Hari. These shares were forfeited and subsequently re-issued @ ₹8 per share.
On the basis of the above information answer the question. - 10)If a company fails to receive minimum subscription within 120 days from the date of issue of the prospectus. In how many days should company refund the amount of application money from the date of Issue of Prospectus?