a company issued 20000 share of rs 20 each 10 rs of application rs 5 on allotment 5 on 1st and final call
a person purchase 100 share and paid application money of 10×100 =1000 rs + allotment money of 500 rs so can he sell this share ??
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A company issued 20000 share
Replies (1)
There are vesting conditiins like how employee rights issues have. You can sell purchased shares as per their rules. On a stock market, if your trading, you can sell it immediately. Also, if the company does not have any rules, you can sell them.
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