A situation where accompany receives application for a greater number of shares than offered to the public for s7ubscription is termed as:
A) Undersubscription
B) Oversubscription
C) Normal Subscription
D) none
Correct Answer:
Verified
Q73: A share of a public company is:
A)Non-refundable
B)Non-transferable
C)Transferable
D)Not
Q74: Share premium money can be used for:
A)Payment
Q75: Discount allowed on reissue of forfeited shares
Q76: The balance of the forfeited shares account
Q77: If a share of Rs.10, on which
Q79: A company is a person created by
A)Human
Q80: Transferability of share is permitted by:
A)All companies
B)Only
Q81: Share Application account is a
A)Real Account
B)Nominal Account
C)Mixed
Q82: A company can issue sweat-equity shares to:
A)The
Q83: As per Articles of Association of the
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