CUET Accountancy - According to Sec 2 (62) of Companies Act, 2013,the maximum amount of paidup share capital of an OPC is: | PYQs + Solutions

CUET Accountancy 2025 24 May Shift 1

Company Accounts

Easy

common

50 Lakhs

2 Crore

10 lakhs

1 crore

✅ Correct Option: 1

Related questions:

3 June Shift 1

Match List-I with List-II

List–I	List–II
(A) Calls in Arrears	(I) Shares are taken back by the company as shareholders failed to pay one or more installments, viz. allotment money and/or call money.
(B) Calls in Advance	(II) This is a situation where the number of shares applied for is less than the number for which applications have been invited for subscription.
(C) Forfeiture of Shares	(III) This is the amount which any shareholder fails to pay on allotment or on any of the calls.
(D) Under Subscription	(IV) Table 'F' of the Companies Act provides for the payment of interest on this call at a rate not exceeding 12% per annum.

Choose the correct answer from the options given below:

16 May Shift 1

what amount is to be refunded while allotting shares on a Pro-rata basis

31 May Shift 1

The Profit on reissue of forfeited shares is transferred to :

CUET Accountancy 2025 24 May Shift 1 PYQs