Question
Karan was holding 5000 equity shares of ` 100 each of M/s. Future Ltd. A final call of ` 10 per share was not paid
Karan was holding 5000 equity shares of ` 100 each of M/s. Future Ltd. A final call of ` 10 per share was not paid by Karan. M/s. Future Ltd. declared a dividend of 10%. Examine concerning relevant provisions of the Companies Act, 2013, the amount of dividend Karan should receive.
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Advanced Accounting
Authors: Gail Fayerman
1st Canadian Edition
9781118774113, 1118774116, 111803791X, 978-1118037911
