The options for the above question (see the picture above) are | Apna Mentor CA Final

The options for the above question (see the picture above) are as follows-

Anonymous Quiz

12%

Nothing can be recovered from the ex-MD

78%

Excess amount shall be recovered irrespective of whether at present he is MD or not

Only 50% of excess amount is recoverable because no fraud is involved

Only 25% of excess amount is recoverable because no fraud is involved

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