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Midee Ltd. issued 27,000 equity shares and received applications for 40,000 shares, allotting 7,000 fully and 20,000 on a pro-rata basis. Ankur, who did not pay for his shares, had them forfeited and later reissued at a premium. The document includes detailed ledger accounts and a balance sheet reflecting the company

Author

Demon' Dhruv

Language

EN