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share capital

Accountancy

whether a Company can accept the whole or a part of the amount remaining unpaid on any shares even if no part of that amount has been called up.?


Kamal Kumar

Kamal Kumar

CA Inter

7K+

10-Dec-22 13:14

353

Answers (9)

yes, if it is authorized in articles


Sowmiya A

Sowmiya A

CA Inter

19K+

10-Dec-22 13:27

Sowmiya A

but no voting rights until it is called up

From where it mentioned, what sectiion?


Thread Starter

Kamal Kumar

Kamal Kumar

CA Inter

7K+

10-Dec-22 13:48

Thread Starter

Kamal Kumar

From where it mentioned, what sectiion?

I searched in Institute A/cing book, where?


Thread Starter

Kamal Kumar

Kamal Kumar

CA Inter

7K+

10-Dec-22 13:51

Calls in advance is the concept.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

10-Dec-22 14:38

corporate law chapter-4 pg.no 4.14 section 50

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InkedScreenshot 2022-12-10 151530.jpg

Sowmiya A

Sowmiya A

CA Inter

19K+

10-Dec-22 15:19

CA Suraj Lakhotia Admin

Calls in advance is the concept.

Thank u sir


Thread Starter

Kamal Kumar

Kamal Kumar

CA Inter

7K+

10-Dec-22 15:59

Sowmiya A

corporate law chapter-4 pg.no 4.14 section 50

Thank u


Thread Starter

Kamal Kumar

Kamal Kumar

CA Inter

7K+

10-Dec-22 15:59

Yes, it is called as "CALLS IN ADVANCE". But they won't get voting rights until that amount is called up .


Varshaa M

Varshaa M

CA Final

35K+

21-Jan-23 00:14

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