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.

Answer rating: 100% (QA)

The detailed answer for the above question is provided b... View the full answer