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Answer Posted / ashok kumar gupta
If any body purchase the share of a company whose per share
value is Rs.10 (Rs 2 on application,3 on first allotment &
Rs 5 on final call)and company demand the the value of
application & first allotment i.e. Rs. 5 but person who
purchase one share pays Rs 2 only in stead of Rs.5.So Rs.3
will be calls in Arrear.
| Is This Answer Correct ? | 27 Yes | 5 No |
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AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
