Partly paid shares concept
This query is : Open
29 September 2017
Can anybody explain the concept of partly paid shares??.....then explain the dividend on partly paid shares??
29 September 2017
If only Rs 5 is called and paid on Rs 10 value shares it is called partly paid shares. Share holder has to pay balance Rs 5 as and when called for. If calls are not paid shares will be forfeited. Dividend will be based on amount paid on shares.
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29 September 2017
thanks sir for ur valuable response😊
29 September 2017
Sir What is call in advance?....then dividend on call in advance?
29 September 2017
It is the amount which is received in advance before the amount is due from shareholders.
Calls in advance is adjusted in future at the time of relevant call.
Dividend not payable on calls in advance.
Calls in advance is adjusted in future at the time of relevant call.
Dividend not payable on calls in advance.
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29 September 2017
Sir
can company suo moto pay full dividend on partly paid share ?
can company suo moto pay full dividend on partly paid share ?
29 September 2017
Company shall(not can) pay full dividend on partly paid shares i.e., pay dividend on nominal value when Articles are silent & Regulation 83 of table F is not applicable on company...
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