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How come Uncalled liability on shares and other partly paid investments is a contingent liability

Reetikaa R

CA Final

★ 7K+

19-Apr-23 10:29

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Answers (1)

Here the uncalled liability on shares is the un called capital on the investment made by us in another company so it will be considered as liability only the uncalled capital is called up so it's a contingent liabilitie

mani charan

CA Final

★ 3K+

19-Apr-23 11:09

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