CUET Accountancy - When there's no Article of Association of its own, the following provision of table A will apply at the time of issue of shares... | PYQs + Solutions

CUET Accountancy 2025 29 May Shift 2

Company Accounts

Medium

common

period of 3 months must elapse between two calls

a minimum of 21 days notice is given to the shareholders to pay the amount.

a minimum of 14 days notice is given to the shareholders to pay the amount

the amount of call should be more than 25% of the face value of the share.

✅ Correct Option: 3

Related questions:

26 May Shift 2

Rs 50,000 were received in advance for second and final call along with first call. The second and final call was due after two months from the first call. Table II provides for interest on calls in advance at the rate not exceeding _____ per annum and interest on calls in advance amounted to Rs ...........

22 May Shift 1

Interest on calls-in-arrears is charged according to 'Table F' at the rate of .......p.a? :

15 May Shift 2

Arrange following in correct sequence related to issue of shares

(A) Letters of allotment, and letters of regret are sent

(B) Prospective investors would make an application along with the application money

(D) Sebsequent installment are called

Choose the correct answer from the options given below:

CUET Accountancy 2025 29 May Shift 2 PYQs

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