Unpaid example sentences

Dishonour of a cheque means return of the cheque unpaid, generally due to insufficient funds in the customer's account with the bank.In other words, one has to ensure that full years interest on debentures is charged to profit and loss account and the unpaid part, if any, must be shown as outstanding interest in the balance sheet on the liabilities side.shall have to be paid on all unpaid amounts on shares for the period intervening between the day fixed for payment and the time of actual payment thereon.Any amount of dividend, interim or final, which remains unclaimed (unpaid) is shown as unclaimed dividend under the heading current liabilities.Accordingly, share capital account is debited with the amount calledup in respect of shares are forfeited and crediting the espective unpaid calls account's or calls in arrears account, as the case may be will the unpaid amount, and share foreited account with the amount already received.Examples of such deductions include: cheque collection charges, incidental charges, interest on overdraft, unpaid cheques deducted by the bank – i.e. stopped or bounced, etc.The liability of the members of the company is limited to the unpaid amount of the shares held by them.When any shareholder fails to pay the amount due on allotment or on any of the calls, such amount is known as 'Calls-in-Arrears'/'Unpaid Calls'.

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