An equity share of ₹10 fully called up on which ₹6 has been paid was forfeited for the non-payment of the balance amount. At which of the following minimum price can it be reissued?
A. ₹4
B. ₹10
C. ₹16
D. ₹6
Answer:A
An equity share of ₹10 fully called up on which ₹6 has been paid was forfeited for the non-payment of the balance amount. At which of the following minimum price can it be reissued?
A. ₹4 B. ₹10 C. ₹16 D. ₹6