The Adarsh Control Device Ltd. was registered with a nominal capital of 30000 shares of ₹10 each, Out of which 20000 shares were offered to the public. The amount payable is ₹3 per share on the application, ₹4 per share on the allotment, and ₹3 per share on the first and final call. 19000 shares are subscribed by the public which is allotted to them. All shareholder pay the full amount except a shareholder Ram who hold 1000 shares not pay the final call.

How much amount will go in calls in arrears account of the company?

₹3000

Amount not paid by shareholder= 1000 X 3 = ₹3000 which is calls in arerar.