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Question

Which of the following options are available to directors in case of oversubscription ?


A

All of these

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B

They can adopt a combination of the above two alternatives

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C

They can make a pro-rata allotment to all

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D

They can accept some applications in full and totally reject the others

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Solution

The correct option is A

All of these


The following options are available to directors in case of oversubscription :

  1. They can accept some applications in full and totally reject the others.
  2. They can make a pro-rata allotment to all.

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