call money on partly paid shares
This query is : Resolved
vinod raina
(Querist)
20 June 2011
Dear Professional friends,
I have a query on call money of partly paid shares:
If a company has issued partly paid shares and have fixed the dates for the call money and communicated to the shareholders, can a future investor push for early collection of the call money instead of the prescribed date. Can the call money date be advanced by the pressure of the investor?
I have a query on call money of partly paid shares:
If a company has issued partly paid shares and have fixed the dates for the call money and communicated to the shareholders, can a future investor push for early collection of the call money instead of the prescribed date. Can the call money date be advanced by the pressure of the investor?
CA. B.SRINIVASULU
(Expert)
20 June 2011
No the shareholders cannot advance the same.
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