A minimum of days' notice is to be given to the shareholders to pay the amount of any call :-

When a company issues shares, it may not collect the entire share price upfront. The unpaid portion is called upon later through "calls on shares."

Call on shares is a demand made by the company to shareholders to pay the remaining unpaid amount on their shares. This is done as per the terms decided by the Board of Directors.

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As per Table F of the Companies Act, 2013, a company must give a minimum of 14 days' notice to shareholders before making any call on shares. This notice must specify:

• The amount to be paid
• The due date for payment
• The place of payment

This notice period gives shareholders adequate time to arrange funds and make the payment. If payment is not made within the stipulated time, the company can charge interest on the unpaid amount and may even forfeit the shares in case of continued default.

Correct Answer: Option 4 (14 days)