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Answer Posted / 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 |
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