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Question
What is the maximum amount of a Call according to Table ‘F’ of Schedule I?
Short Answer
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Solution
According to Table ‘F’ of Schedule I of the Companies Act, 2013, the maximum amount of a call that can be made at one time is 25% of the nominal value of the share.
If the face value of a share is ₹10, then the maximum call amount can be:
₹10 × 25% = ₹2.50
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