The process of receiving minimum subscription of 90% of the entire issue must be completed within ______ days from date of issue of prospectus

In the case of companies limited by shares, the liability of its members is:

200 shares of Rs.100 each issued at a premium of Rs.10 were forfeited for the non-payment of allotment money of Rs.60 per share including premium. The first and final call of Rs.20 per share on these shares were not made. The forfeited shares were reissued at Rs.70 per share as fully paid-up. Find the amount of capital reserve.

The balance of the share forfeiture account is shown in the balance sheet under the item:

The maximum amount of discount on the re-issue of forfeited shares will be :-

The period of how many month/months must elapse between two calls.

Balance of share forfeiture account is shown in the balance sheet under the item: