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In case of over subscription, the directors may (A). Accept some applications in full and reject excessive applications. (B). They can make pro-rata…

CUET UG 2025 — Accountancy Company Accounts

2025mcqmedium

In case of over subscription, the directors may

(A). Accept some applications in full and reject excessive applications.
(B). They can make pro-rata allotment to all.
(C). They can adopt a combination of the above two alternatives.
(D). They can make preferential allotment to some applicants.

Official previous-year question

Held on 29 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    Only (A)

  2. B

    Only (A), (B) and (C)

  3. C

    Only (A) and (B)

  4. D

    Only (B)

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