Arrange the following steps in the order of occurrence:
(A) Pro-rata allotment to all the applicants.
(B) Share first call money is due and called.
(C) Application money received from the share applicants.
(D) Share second and final call money is due and called.
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) →
(C), (A), (B), (D)