As per Table A of the companies act, the interest on calls in advance is
A) 5%
B) 10%
C) 6%
D) none of these.
Correct Answer:
Verified
Q12: The minimum share application is
A)1% of the
Q13: The difference between subscribed capital and called
Q14: The number of days required from the
Q15: The excess price received on the par
Q16: The security premium will be shown under
Q18: The rate of interest a company can
Q19: The rate of discount on shares cannot
Q20: Premium on issue of shares can be
Q21: When shares are forfeited the share capital
Q22: When forfeited shares (which were originally issued
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents