what is calls-in-arrears?
Answers were Sorted based on User's Feedback
Answer / ashok kumar gupta
If any body purchase the share of a company whose per share
value is Rs.10 (Rs 2 on application,3 on first allotment &
Rs 5 on final call)and company demand the the value of
application & first allotment i.e. Rs. 5 but person who
purchase one share pays Rs 2 only in stead of Rs.5.So Rs.3
will be calls in Arrear.
| Is This Answer Correct ? | 27 Yes | 5 No |
Answer / sanjeev
call in arrear is the amount which is balance on
shareholders, who has purchased the shares of the company.
for example if a share face value is rs 10/- ( rs 3/- on
application, rs3/-on allowtment, rs2/-on first call and
balance on 2nd call) if allowtment is made than the rest
amoount rs 4/- will be call in arrears.
| Is This Answer Correct ? | 17 Yes | 7 No |
Answer / akansha rai
when we unable to pay the calls is called call in arrears
for exp. a company issued 10000 share @ 10 rs. each of shares 2 rs. for application , 3for allotment ,5 for first& final call at any reason we cannot pay the first & final call that's called call in arrears
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / mohammad haashim
calla in arrears is when the share is rs 10. rs 3 on
application rs 2 on first call and rs 3 for second call and
the rest is known as calls in arrears
| Is This Answer Correct ? | 5 Yes | 1 No |
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