Match the LIST-I with LIST-II
LIST-I LIST-II A. Section 43 of Companies Act, 2013 I. Calls in advance B. Interest @10% p.a II. One person company C. Section 2(62) of Companies Act, 2013 III. Preference shares and Equity shares D. Interest @12% p.a IV. Calls in Arrear
Choose the correct answer from the options given below:
Match the LIST-I with LIST-II
| LIST-I | LIST-II | |
|---|---|---|
| A. Section 43 of Companies Act, 2013 | I. | Calls in advance |
| B. Interest @10% p.a | II. | One person company |
| C. Section 2(62) of Companies Act, 2013 | III. | Preference shares and Equity shares |
| D. Interest @12% p.a | IV. | Calls in Arrear |
Choose the correct answer from the options given below:
Solution
✅ Correct Option: 3
Section 43 classifies share capital into equity and preference shares, and Section 2(62) defines a one person company. Under Table F, calls in arrear attract interest at 10% p.a. payable by the shareholder, while calls in advance carry interest at 12% p.a. payable by the company.
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