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Question
What will be the correct sequence of events?
- Forfeiture of shares.
- Default on Calls.
- Re-issue of shares.
- Amount transferred to capital reserve.
Options
(i), (iv), (ii), (iii)
(ii), (iv), (i), (iii)
(ii), (i), (iii), (iv)
(iii), (iv), (i) (ii)
MCQ
Solution
(ii), (i), (iii), (iv)
shaalaa.com
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