Answer Posted / tunde
The outstanding difference between issued capital and paid-
up capital is called calls-in-arrears.For example, if after
allotment,a shareholder is yet to pay up total sum of
shares alloted, the outstanding balance owed by the
shareholder will be in call-in-arrears account, untill the
company makes a second call for payment of outstanding
balance and if the shareholder fails he will forfit the
shares alloted to him.
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