According to Table F of Schedule I of the Companies Act, 2013, the amount called up on any single call should not exceed ________ of the face value of - Accountancy MCQ CUET Accountancy 2026 | ExamTest.live

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According to Table F of Schedule I of the Companies Act, 2013, the amount called up on any single call should not exceed ________ of the face value of shares.

Solution & Step-by-step Explanation

Under statutory default provisions (Table F), a company cannot call up more than 25% of the nominal face value of the share on a single call invocation notice.

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According to Table F of Schedule I of the Companies Act, 2013, the amount called up on any single call should not exceed ________ of the face value of shares.

20%

25%

30%

15%

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