CUET Preparation Today
In case of oversubscription of shares, which of the following alternative is not used by the company ? |
Accept some applications in full and totally reject the others Pro-rata allotment to all; Accepting some application in full, some rejection and pro-rata allotment to some No allotment to anyone (total rejection to all) |
No allotment to anyone (total rejection to all) |
The correct answer is Option (4) → No allotment to anyone (total rejection to all) |
