Question

what is the meaning of calls - in - arrear​

Answer 1

Answer:

Calls-in-Arrears. If some amount, called in respect of a share, is not paid before or on the specific date fixed for payment, such amount which is not paid, is called “Calls-in-arrears”. Such amount may be called up by the Company either as Allotment Money or Call Money.

Answer 2

Calls-in-Arrears. If some amount, called in respect of a share, is not paid before or on the specific date fixed for payment, such amount which is not paid, is called “Calls-in-arrears”. Such amount may be called up by the Company either as Allotment Money or Call Money.

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