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Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and received 50,000 applications. Which of the following alternative can be followed?
A. Refund the excess money and full allotment to rest of the applicants
B. Reject few applications, allot full shares to some applicants and allot shares on prorate basis to remaining.
C. Not all allot shares to some applicants and make prorate allotment to other applicants
D. Make prorate allotment to all applicants
Choose the correct answer from the options given below:
  • a)
    A and B only
  • b)
    A, B, C only
  • c)
    A and C only
  • d)
    A, B, C, D only
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and r...
Explanation:

Refund the excess money and full allotment to rest of the applicants:
- This option involves refunding the excess money to the applicants and fully allotting shares to the remaining applicants who have applied for the shares.
- It ensures fairness by not rejecting any applications and providing full allotment to some applicants.

Reject few applications, allot full shares to some applicants and allot shares on a prorate basis to the remaining:
- This option involves rejecting some applications, providing full shares to a few applicants, and allotting shares on a prorate basis to the remaining applicants.
- It may lead to dissatisfaction among the rejected applicants but ensures that the available shares are allocated efficiently.

Not allot shares to some applicants and make prorate allotment to other applicants:
- This option involves not allotting shares to some applicants and making a prorate allotment to the other applicants.
- It may lead to dissatisfaction among the applicants who do not receive any shares but ensures that the available shares are distributed among the applicants.

Make prorate allotment to all applicants:
- This option involves making a prorate allotment to all applicants, ensuring that each applicant receives a portion of the shares they applied for.
- It provides equal treatment to all applicants but may result in some applicants not receiving the desired number of shares.
Therefore, all the mentioned alternatives can be followed depending on the company's decision and the criteria set for the share allotment.
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Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and r...
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Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and received 50,000 applications. Which of the following alternative can be followed?A. Refund the excess money and full allotment to rest of the applicantsB. Reject few applications, allot full shares to some applicants and allot shares on prorate basis to remaining.C. Not all allot shares to some applicants and make prorate allotment to other applicantsD. Make prorate allotment to all applicantsChoose the correct answer from the options given below:a)A and B onlyb)A, B, C onlyc)A and C onlyd)A, B, C, D onlyCorrect answer is option 'D'. Can you explain this answer?
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Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and received 50,000 applications. Which of the following alternative can be followed?A. Refund the excess money and full allotment to rest of the applicantsB. Reject few applications, allot full shares to some applicants and allot shares on prorate basis to remaining.C. Not all allot shares to some applicants and make prorate allotment to other applicantsD. Make prorate allotment to all applicantsChoose the correct answer from the options given below:a)A and B onlyb)A, B, C onlyc)A and C onlyd)A, B, C, D onlyCorrect answer is option 'D'. 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 Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and received 50,000 applications. Which of the following alternative can be followed?A. Refund the excess money and full allotment to rest of the applicantsB. Reject few applications, allot full shares to some applicants and allot shares on prorate basis to remaining.C. Not all allot shares to some applicants and make prorate allotment to other applicantsD. Make prorate allotment to all applicantsChoose the correct answer from the options given below:a)A and B onlyb)A, B, C onlyc)A and C onlyd)A, B, C, D onlyCorrect answer is option 'D'. 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 Shikha Ltd. invited application for 30,000 shares of Rs. 10 each and received 50,000 applications. Which of the following alternative can be followed?A. Refund the excess money and full allotment to rest of the applicantsB. Reject few applications, allot full shares to some applicants and allot shares on prorate basis to remaining.C. Not all allot shares to some applicants and make prorate allotment to other applicantsD. Make prorate allotment to all applicantsChoose the correct answer from the options given below:a)A and B onlyb)A, B, C onlyc)A and C onlyd)A, B, C, D onlyCorrect answer is option 'D'. Can you explain this answer?.
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