Treatment of excess money on share Application
Querist : Anonymous
Issue Price Rs. 12 per share {Rs. 2 App., (3 on Allot. + Rs. 2 on Securities Premium due at d time of allotment) Rs. 5 on First
Querist : Anonymous
Querist : Anonymous
Issue Price Rs. 12 per share {Rs. 2 Application., (3 on Allot. + Rs. 2 on Securities Premium due at d time of allotment) Rs. 5 on First and final call.
Now My Qn. is How we treat Excess of amount of Rs 100 (On application these shares) will be adjust against Capital or securities premium.
What will be Forfeiture entry.
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