Liquidation of companies
In illustration 6 the adjustment w.r.t equity shareholders, I didn't get
Can u explain ? How did this become net take away and net to be bought ? (The logic behind)
On a fully paid basis 37.25 is payable. The shareholders have to bring arrears amount. So it is settled on a net basis.
Sir,I understood the logic behind 2500 shares (logic),but in case of 7500 shares, why do they have to bring in 2.35rs
I didn't get the logic behind it(7500 shares) ?
Total loss is 62.35 per share.
Those who paid 60 need to pay additional 2.35
Those who already paid 75 will get back 12.35
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