JD ( Business) (352 Points)
17 March 2015Dear All,
Oueries on Share transfer & allotment
1) What is the difference between Amount called up per unit of security and amount paid up per unit of security in the form SH - 4 ( share transfer form).
2) Is there any specific form to be generated while intial incorporation of the company ?
Thanks in advance
Rajesh Kumar
(Consultancy)
(93 Points)
Replied 17 March 2015
Hi Jeff,
Amount Called up means the amount called by the company to pay on the shares per unit of securities is the face value of the shares.
There is no specific forms to be generated at the time of incorporation of company.
Regards
Rajesh Kumar
JD
( Business)
(352 Points)
Replied 17 March 2015
Dear Rajesh ,
Thanks for the info .
But incase if an individual transfers shares to other person , then would we have to mention the :
Amount called up per unit of security ?
*Nominal value of each security would be the face value of the security.
CAclubindia
