If a share of Rs. 10 on which Rs. 7 has been paid is forfeited, at what minimum price can it be reissued ?

The maximum amount that can be called up on the first call by the company is :

Equity shareholders are..................of the company:

150 shares of Mr. Ram of Rs.10 each issued at a premium of Rs.4 per share payable with allotment were forfeited for non-payment of allotment money of Rs.8 per share including premium. The first and final call of Rs.4 per share was not made. The forfeited shares were reissued at Rs.15 per share fully paid-up. Calculate the amount transferred to capital reserve.

The correct order of the following events is:

(A) Forfeiture of shares

(B) Capital Reserve

(C) Calls in arrears

(D) Reissue of shares

Choose the correct answer from the options given below:

The following are the features of a Company:

(A) Separate Legal Entity

(B) Unlimited Liability

(C) Perpetual Succession

(D) Common Seal

Choose the correct answer from the options given below:

Applications Supported by Blocked Amount (ASBA) is a process developed by.......................to apply for subscribing to IPOs and Rights Issue etc. of securities.