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 ??
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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