Total applications 90,000; prorata made to 60,000 applications. Applications outright rejected = 90,000 minus 60,000 = 30,000.
Application money refunded = 30,000 times Rs. 4 = Rs. 1,20,000.
Amount to be returned to the applicants due to non-allotment of shares will be :
CUET UG 2022 — Accountancy Company Accounts
2022mcqmedium
Amount to be returned to the applicants due to non-allotment of shares will be :
Official previous-year question
Held on 23 Aug 2022 · Verified 13 Jul 2026.
Options
- A
Rs. 1,50,000
- B
Rs. 2,40,000
- C
Rs. 1,20,000
- D
Rs. 1,60,000
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