According to the Companies Act provisions related to share capital, the amount called on any single call should not exceed 25% of the face value of shares.
This restriction ensures that shareholders are not burdened with large payments at once and the liability is spread across multiple calls.
Example:
If a share has a face value of ₹100:
- Maximum call amount = 25% of ₹100 = ₹25
If the company needs to collect more than 25% of the unpaid amount, it must make multiple calls with adequate time intervals between them.
Correct Answer: Option 2 (25%)