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Liquidation of companies

Accountancy

Dis sum for calculation of calls to b made can we do as shown by Indigo learn method. If we do it that way den share to b called is 14.25 and paid bac is 10.75.. So is it crct or wrng

Shru Kanda

CA Inter

★ 610

10-Nov-22 15:52

454

Answers (9)

Answer will be same in both cases. Pls share your workings.

CA Suraj Lakhotia

Admin

10-Nov-22 17:12

CA Suraj Lakhotia Admin

Answer will be same in both cases. Pls share your workings.

Dats wt sir 14.25 * 2000 =28500 to b brought bac.. 10.75*2000=21500 take away

Thread Starter

Shru Kanda

CA Inter

★ 610

10-Nov-22 17:26

Thread Starter

Shru Kanda

Dats wt sir 14.25 * 2000 =28500 to b brought bac.. 10.75*2000=21500 take away

You would on net basis.

CA Suraj Lakhotia

Admin

10-Nov-22 17:28

CA Suraj Lakhotia Admin

You would on net basis.

How sir.. I'm not getting.. Can u plz share the working

Thread Starter

Shru Kanda

CA Inter

★ 610

10-Nov-22 17:31

Sir plz reply sirr

Thread Starter

Shru Kanda

CA Inter

★ 610

10-Nov-22 22:07

Thread Starter

Shru Kanda

Dats wt sir 14.25 * 2000 =28500 to b brought bac.. 10.75*2000=21500 take away

How did you get 2000?

CA Suraj Lakhotia

Admin

11-Nov-22 09:37

You will pay back 10 per share on fully paid share. And call 15 per share on balance 1800 shares. Since 200 shareholders have not paid the final call amount and is irrecoverable.

CA Suraj Lakhotia

Admin

11-Nov-22 09:40

CA Suraj Lakhotia Admin

How did you get 2000?

Number of shares

Thread Starter

Shru Kanda

CA Inter

★ 610

11-Nov-22 09:48

CA Suraj Lakhotia Admin

You will pay back 10 per share on fully paid share. And call 15 per share on balance 1800 shares. Since 200 shareholders have not paid the final call amount and is irrecoverable.

Ook I missed dis 200 irrecoverable.. Tq sir

Thread Starter

Shru Kanda

CA Inter

★ 610

11-Nov-22 09:49