In addition to the purchase of own shares by a company and to issue fully paid bonus shares, for which of the following purposes security premium account balance could be used?

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

(B) To pay premium on the redemption of preference shares or debentures of the company.

(C) To write-off the expenses of, or commission paid, or discount allowed on any securities of the company

(D) To pay the issue price of debentures.

Choose the correct answer from the options given below:

As per Table F, the rate of interest provided on calls in advance can't exceed ...........p.a?

Profit on reissue of forfeited shares should be treated as:

The premium amount collected from issue of shares can be used for the following purposes:

(A) To purchase own shares.

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

(C) To write-off preliminary expenses of the company.

(D) To write-off fixed assests from books.

Choose the correct answer from the options given below:

Calls in Arrears represent :

(A) The debit balance of allotment or all the calls account.

(B) The credit balance of allotment or all the calls account.

(C) Shareholders failed to pay amount due on allotment or on any of the calls, on due date.

(D) Such amount shall appear as Current Asset.

Choose the correct answer from the options given below:

In order to raise money by issuing the shares in the market the company must get applications for at least ____.

A minimum of ______ days' notice is to be given to the shareholders to pay the amount of any call :-