Raghu Ltd. invited applications for 2,50,000 equity shares of Rs. 25 each payable as under: On Application Rs. 5.00 per share, on Allotment Rs. 7.50 per share, on First Call Rs. 7.50 per share; and on Second and Final Call Rs. 5.00 per share. Applications were received for 5,00,000 shares. The directors decided to make a pro-rata allotment to all the applicants and adjust the excess application money towards the amount due on allotment and to refund the amount remaining thereafter. What amount will be adjusted towards sum due on allotment ?

Before forfeiture of Rahul's shares, who are required to issue notice in this regard.

At the time of forfeiture of shares, the company

At the time of purchase of a business, if net assets are in excess of purchase consideration, the excess money will be ...... ?

It is to be noted that 'minimum subscription' of capital cannot be less than ……… of the issued amount according to SEBI Guidelines (Disclosure and Investor Protection)

Interest on calls in arrears is charged according to "Table F" at :

Shares except ESOP can be issued:

(A) at Premium

(B) at Par

(C) for other than cash

Choose the correct answer from the options given below: