In case of over subscription, the directors may:(A) Accept some applications in full and reject excessive applications.(B) They can make pro-rata allotment to all.(C) They can adopt a combination of the above two alternatives.(D) They can make preferential allotment to some applicants.Choose the correct option:

In the case of over-subscription of shares, directors have three common methods to deal with applicants:Rejecting excess applications completely (A).Allotting shares proportionately to all applicants, known as pro-rata allotment (B).A combination of rejection and pro-rata allotment (C).Preferential allotment is a separate methodology altogether and not a tool used to handle an active general public over-subscription scenario. Thus, (A), (B), and (C) only are valid choices.