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What will be the time interval between the making of two calls from the shareholders of the company? -

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Question

What will be the time interval between the making of two calls from the shareholders of the company?

Options

  • Two months

  • One months

  • Three month

  • None of the above

MCQ

Solution

One months

Explanation:

Unless the company's articles of organisation stipulate otherwise, at least one month must pass between two calls.

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Accounting Treatment for Share Capital
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