A company issued shares of Rs.50 each at a premium of 10%. The minimum application money as per the Companies Act, 2013 will be

A company issued shares of Rs.50 each at a premium of 10%. The minim

1.	A company issued shares of Rs.50 each at a premium of 10%. The minimum application money as per the Companies Act, 2013 will be
A.	Rs.2.50
B.	Rs.3.00
C.	Rs.5.00
D.	Rs.4.50
Answer» B. Rs.3.00

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&nbsp;A company issued shares of Rs.50 each at a premium of 10%. The minimum application money as per the Companies Act, 2013 will be

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A company issued shares of Rs.50 each at a premium of 10%. The minimum application money as per the Companies Act, 2013 will be