Corporate Accounting MCQ

The issue of sweat equity shares must be authorized by a ________________ -

ASBA stands for _________________________

Where the specified securities are not allotted and/or application monies are not refunded within the period stipulated, the issuer shall undertake to pay interest at the rate of _______________ per annum to the investors;

Dividends are usually paid on:

Forfeited shares can be issued at:

Balance amount in the share forfeiture would be shown in the balance sheet under the head of: