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CA Inter doubt

Please give the answer

Image attached to the doubt: Please give the answer

Asked by Sandhya29 May 2025707 views

3 answers

  1. Nisarg · 30 May 2025

    As far as I know

  2. Sandhya · 30 May 2025

    Is this Answer is correct?

  3. Nisarg · 30 May 2025

    In first one company can withdraw money before finalizing the allotment if it is done within 60 days, as if company unable to allot the shares within prescribed time then money needs to be refunded within 15 days

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