Govind
This query is : Resolved
27 June 2015
Lup sum means aggregate. Like at the time of issue of the company takes shares application money, allotment money and final call money, this is installment and if the company take the whole amount one time then its lump sum.
30 June 2015
Agree with the reply posted by learned expert.
The term Lump sum denotes "at one place". Usually this word is used for monetary things like money.
Thanks
The term Lump sum denotes "at one place". Usually this word is used for monetary things like money.
Thanks
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