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Non-payment of final call

Home » Non-payment of final call
Posted inAccountancy Class 12 General

Swasth Ltd. ‘forfeited 2,000 shares of Rs 10 each

99 :- Swasth Ltd. ‘forfeited 2,000 shares of Rs 10 each for non-payment of final call of Rs 3 per share. 1,500 of these shares were reissued and gain on reissue transferred…
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Posted inAccountancy Class 12 General

The Directors of Maharana Ltd. resolved on 1st May, 2023

67 :- The Directors of Maharana Ltd. resolved on 1st May, 2023 that 2,000 Equity Shares of Rs 10 each, Rs 7.50 paid be forfeited for non-payment of final call of…
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