Question
10 (Interest available to work ahead of time and Brings financially past due) S' Ltd. given 10,000 portions of Rs.10 every, payable as follows: On
10 (Interest available to work ahead of time and Brings financially past due) "S' Ltd. given 10,000 portions of Rs.10 every, payable as follows: On Application Rs.2.5 ( Jan 1,2010) On Designation Rs.2.5 (April 1, 2010 On ) First Call Rs.2.5 (June 1, 2010) On
Second and Last Call Rs.2.5 (August 1, 2010)
9,000 offers were applied for and full assignment was made to every one of them. Adeel, one of the investors to whom 200 offers were designated paid the whole offset with assignment cash and another investor, 'Ahad', didn't pay distribution and first call cash on his 300 offers yet which he paid with the last call. Ascertain interest on brings ahead of time and brings falling behind financially based on arrangements of Table 'A'of the Organizations Act, 1956.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started