If the Articles of Association are silent regarding interest on calls-in-arrears, the minimum rate of interest which can be charged on calls-in-arrears is :
CS Executive · Corporate and Management Accounting · PYQS · December 2020
If the Articles of Association are silent regarding interest on calls-in-arrears, the minimum rate of interest which can be charged on calls-in-arrears is :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Corporate Accounting
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