Arrange the following related to issue of shares in the correct sequence:

(A) Allotment of Shares

(B) Issue of Prospectus

(C) Receipt of Applications

(D) Remaining amount of shares on call (if any)

Choose the correct answer from the options given below:

The important steps in the procedure of share issue are :

(A) The company issues the prospectus to the public.

(B) The company has to get minimum subscription within 120 days from the date of the issue of the prospectus.

(C) The prospective investors intending to subscribe the share capital of the company would make an application along with the application money.

(D) Letters of allotment are sent to those whom the shares have been alloted, and letters of regret to those to whom no allotment has been made.

Choose the correct sequence of steps from the options given below:

Which is not a type of Preference Shares :-

Calculate the amount of Dividend paid during the year 2022 from the following information :

Balance of Proposed Dividend as on 31st March, 2021 was Rs. 40,000 and on 31st March, 2022 Rs. 60,000. Interim Dividend was paid @20% on share capital. Share capital was Rs. 4,00,000.

As per section 68 of The Companies Act, 2013, the company cannot buy their own shares from either of the following source:

Arrange the following in a sequence related to the issue and redemption of shares

(A) Forfeiture of shares

(B) Reissue of shares

(C) Calls in arrears

(D) Transfer of share forfeited account balance to capital reserve A/c

Choose the correct answer from the options given below:

While issuing shares, the application money should be atleast ______ of face value.