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BG Ltd. forfeited 2,000 Equity Shares of ₹ 100 each, issued at a premium of ₹ 50 per share, held by Ram for non-payment of the final call of ₹ 30 per share. Of these 100 shares were reissued to Vishu at a discount of ₹ 40 per share.

Anurag Pathak Answered question September 13, 2024
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