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easyMCQCUET Accountancy 2025 24 May Shift 12026Accountancy
1 mark

According to standard company procedures and regulatory guidance, a minimum period of how many month/months must elapse between two calls?

  1. A
    2 months
  2. B
    1 month
  3. C
    3 months
  4. D
    6 months

Solution & Step-by-step Explanation

As per Table F of Schedule I of the Companies Act, 2013, an interval of at least 1 month must elapse between the making of two consecutive share calls.

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According to standard company procedures and regulatory guidance, a minimum period of how many month/months must elapse between two calls?
A
2 months
B
1 month
C
3 months
D
6 months

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