When a company issues shares at a premium, the company can collect Securities Premium along with the :-
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → Any of these
When a company issues shares at a premium, the Securities Premium (amount received over and above the face value of shares) can be collected at any stage of the share issue process — as long as it is before the shares are allotted in full.
Therefore, the premium amount can legally be called and collected along with:
-
Application Money, or
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Allotment Money, or
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Call Money
depending on what is stated in the terms of issue in the company’s prospectus or resolution.