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Question
State whether the following statement is true or false.
Calls not paid by shareholder is called as calls in arrears.
Options
True
False
MCQ
True or False
Solution
Calls not paid by shareholder is called as calls in arrears. - True
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Calls on Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 63]
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RELATED QUESTIONS
Select the correct answer from the options given below and rewrite the statement.
The gap between two calls should not be less than ______
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.
