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Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry?
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Limited company issued 25,000 equity share of 100 each at the premium...
Background: The limited company issued 25,000 equity shares of 100 each at a premium of 10%. The amount payable was rupees 40,50,20. Applications were received for 30,000 shares.
Restriction of Access: The company has the right to restrict access to the application amount payable entry. The decision to restrict access can be made for various reasons, such as:
Explanation: In this case, the company had issued 25,000 equity shares but received applications for 30,000 shares. This indicates that the issue was oversubscribed. As a result, the company may decide to restrict access to the application amount payable entry to ensure that only the applicants who have been allotted shares make the payment.
By restricting access to the application amount payable entry, the company can prevent any unauthorized payments and ensure that the funds received are from the applicants who have been allotted shares. This will help the company to maintain transparency and fairness in the allotment process.
Conclusion: The decision to restrict access to the application amount payable entry is a common practice in the case of over-subscription. The company can take this step to ensure that only the applicants who have been allotted shares make the payment and to maintain transparency and fairness in the allotment process.
Restriction of Access: The company has the right to restrict access to the application amount payable entry. The decision to restrict access can be made for various reasons, such as:
- Over-subscription: When the number of shares applied for exceeds the number of shares issued, the company may restrict access to the application amount payable entry.
- Insufficient funds: If the company suspects that some applicants may not have sufficient funds to pay the application amount, it may restrict access to the application amount payable entry.
- Legal and regulatory compliance: The company may restrict access to the application amount payable entry to comply with legal and regulatory requirements.
Explanation: In this case, the company had issued 25,000 equity shares but received applications for 30,000 shares. This indicates that the issue was oversubscribed. As a result, the company may decide to restrict access to the application amount payable entry to ensure that only the applicants who have been allotted shares make the payment.
By restricting access to the application amount payable entry, the company can prevent any unauthorized payments and ensure that the funds received are from the applicants who have been allotted shares. This will help the company to maintain transparency and fairness in the allotment process.
Conclusion: The decision to restrict access to the application amount payable entry is a common practice in the case of over-subscription. The company can take this step to ensure that only the applicants who have been allotted shares make the payment and to maintain transparency and fairness in the allotment process.
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Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry?
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Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry?.
Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Limited company issued 25,000 equity share of 100 each at the premium of 10% amount payable rupees 40,50, 20 application where is lived for 30000 shirt company decided to restrict access application amount payable entry?.
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