CUET Preparation Today
The maximum amount of discount on the re-issue of forfeited shares will be: - |
The amount already called up at the time of forfeiture. The amount of calls in arrear at the time of forfeiture. The amount of calls in adavance at the time of forfeiture. The amount already received at the time of forfeiture. |
The amount already received at the time of forfeiture. |
The correct answer is Option (4) → The amount already received at the time of forfeiture. |
