Q. 23. .V Ltd., issued 50,000 shares of ₹10 each at a premium of 10% payable as 2 per share on application, 3 on allotment (including premium) and 3 each on first and final call. Applications were received for 70,000 shares. It was decided that:
a) refuse allotment to the applicants of 10,000 shares DUCATION
b) allot 15,000 shares to Anil who had applied for similar number and
c) allot the remaining shares on pro-rata basis.

Anil failed to pay the allotment money and Sunil who belonged to the category 'C' and was allotted 3,500 shares paid both the calls with allotment. Calculate the amount received on allotment.​