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If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum subscription, from the date of closure of the…

CUET UG 2024 — Accountancy Company Accounts

2024mcqhard

If a delay occurs beyond 8 days in refunding the subscription amount, failing to gather the minimum subscription, from the date of closure of the subscription list, the company shall be liable for interest at the rate of:

Official previous-year question

Verified 13 Jul 2026.

Options

  1. A

    15%

  2. B

    12%

  3. C

    6%

  4. D

    Prevailing in State Bank of India

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