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easyMCQCUET Accountancy 2025 22 May Shift 12026Accountancy
1 mark

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

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Under Table F of Schedule I of the Companies Act, 2013, the maximum rate of interest that a company is permitted to charge from defaulting shareholders on calls-in-arrears is capped at .

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

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