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Amount of discount allowed on the reissue of forfeited shares cannot exceed the amount that has:-

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

Amount of discount allowed on the reissue of forfeited shares cannot exceed the amount that has:-

Official previous-year question

Held on 3 Jun 2025 · Verified 13 Jul 2026.

Options

  1. A

    not been called-up on forfeited shares at the time of initial issue.

  2. B

    been called-up on forfeited shares at the time of initial issue.

  3. C

    not been received on forfeited shares at the time of initial issue.

  4. D

    been received on forfeited shares at the time of initial issue.

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