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G.E.C. company limited issued rupees 20000 shares of rupees 100 each to public on which rupees 20 per share on application, rupees 40 on allotment and rupees 40 on first and final call were payable. Applications were received for 25000 shares. The extra money received on application for 5000 shares was utilised for allotment money. All the calls were duly paid by the shareholders. for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about G.E.C. company limited issued rupees 20000 shares of rupees 100 each to public on which rupees 20 per share on application, rupees 40 on allotment and rupees 40 on first and final call were payable. Applications were received for 25000 shares. The extra money received on application for 5000 shares was utilised for allotment money. All the calls were duly paid by the shareholders. covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for G.E.C. company limited issued rupees 20000 shares of rupees 100 each to public on which rupees 20 per share on application, rupees 40 on allotment and rupees 40 on first and final call were payable. Applications were received for 25000 shares. The extra money received on application for 5000 shares was utilised for allotment money. All the calls were duly paid by the shareholders..

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