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PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer?.

Solutions for PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts. Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.

Here you can find the meaning of PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer?, a detailed solution for PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice PassageXYZ Ltd is registered with an authorised capital of Rs. 20 lakh divided into 2 lakh equity shares of Rs. 10 each. The company is in manufacturing of pickles and spices. Due to the increase in demand of packed food in the market they decided to diversity its operation. For this purpose they decided to issue 1 lakh equity share of Rs. 10 each. The company issue 20,000 equity sharesto a vendor to supply the machinery required to manufacture the packed food. Rest of the equity shares were issued to general public for subscription. The application were received for 46,000 equity shares, Due to undersubscription of equity shares the shares were not issued to public.Q.If the company is unable to get minimum subscription, the shares cannot be issued and the amount must be refunded within 8 days from the date of closure. If not, company shall be liable to pay _____ % interest p.a.a)10%b)15%c)6%d)5%Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.