The procedure for issue of shares: (B) issue of prospectus inviting applications, (D) receiving applications from public, (A) making allotment to approved applicants, (E) making calls for balance amount, and finally (C) forfeiture of shares in case of default. Correct sequence: B-D-A-E-C.
Identify the correct sequence of steps in the process of Issue of Shares: A. Making allotment of shares B. Issue of Prospectus C. Forfeiture of…
CUET UG 2022 — Accountancy Company Accounts
2022mcqeasy
Identify the correct sequence of steps in the process of Issue of Shares:
A. Making allotment of shares
B. Issue of Prospectus
C. Forfeiture of shares
D. Receiving applications for shares
E. Making calls
Choose the correct answer from the options given below:
Official previous-year question
Held on 16 Jul 2022 · Verified 13 Jul 2026.
Options
- A
B - A - D - E - C
- B
D - B - A - E - C
- C
B - D - A - E - C
- D
D - B - E - A - C
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