VXN Ltd. had allotted 10,000 shares to the applicants of 14,000 shares on pro-rata basis. The amount payable on application was ₹ 2. Arun applied for 420 shares. The number of shares allotted and the amount carried forward for adjustment against allotment money due from Arun will be: a. 60 shares;₹ 120 b. 340 shares;₹ 160 c. 320 shares;₹ 200 d. 300 shares;₹ 240