Pro - rata Allotment of Shares, Advanced Corporate Accounting | Advanced Corporate Accounting - B Com
Kasthuri Ltd. had allotted 20,000 shares to applicants of 30,000 shares on a pro – rata basis. The amount payable was Rs. 1 on application, - Sarthaks eConnect | Largest Online Education Community
Gaurav applied for 5,000 shares of Rs. 10 each at a premium of 2.50 per share. But he was allotted only 2,500 shares on pro rata basis. - Sarthaks eConnect | Largest Online Education Community
![Forfeiture of Shares Allotted on Pro rata). A company issued 10,000 shares of Rs.10 each payable as Rs. 2 on application, Rs. 3 on allotment, Rs. 3 on first call and Rs. Forfeiture of Shares Allotted on Pro rata). A company issued 10,000 shares of Rs.10 each payable as Rs. 2 on application, Rs. 3 on allotment, Rs. 3 on first call and Rs.](https://d10lpgp6xz60nq.cloudfront.net/ss/web/666000.jpg)