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Question
Select the correct answer from the options given below and rewrite the statement.
The gap between two calls should not be less than ______
Options
14 days
One month
21 days
MCQ
Fill in the Blanks
Solution
The gap between two calls should not be less than One month.
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Calls on Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 61]
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RELATED QUESTIONS
State whether the following statement is true or false.
Calls not paid by shareholder is called as calls in arrears.
Correct the underlined word and rewrite the following sentence.
Call money cannot exceed 5% of nominal value of shares.
Explain the following term/concept.
Calls on shares
Answer in brief.
What is calls on shares?
Call money cannot exceed 5% of the nominal value of shares.
