Rabi Ltd. purchased building from Tiwari Ltd. for Rs. 6,40,000 out of which Rs. 40,000 is paid immediately and the balance is to be paid by the issue of shares of Rs. 100 each at a premium of 20%. How many shares will be issued ?

Choose the odd items from the below :-

The number of shares to be issued to a vendor for consideration other than cash is calculated as follows:

Securities Premium Reserve as per section 52(2) of the companies Act 2013 can be used :

(A) To write-off preliminary expenses of the company

(B) To issue fully paid bonus shares to the extent not exceeding unissued share capital of the company

(C) To pay premium on the redemption of preference shares or debentures

(D) To write off discount allowed on the goods sold on credit

Choose the correct answer from the options given below :

Which of the following given statements are true ?

(A) Share Capital is not shown under Equity & Liabilities in the Balance Sheet.

(B) Forfeited shares cannot be re-issued at a discount.

(C) Securities Premium Reserve can be used for issuing bonus shares.

(D) Capital reserve account has a credit balance.

Choose the correct answer from the options given below:

Select the amount received on Share Allotment Account -

A per Rule 3 of the Companies (Incorporation) Rules, 2014 which of the following is not true in respect of One Person Company (OPC)?