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Dear All, In the old companies Act there was no time limit under which uncalled money can be called up. That means the equity shares can remain partly paid up for any number of years. Whether in new companies Act there is any time limit to convert partly paid up shares to fully paid up shares ?
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gbalajiacs
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Jun 18, 2014, 9:30:48 PM6/18/14
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There is no time limit prescribed under the new act, within which the uncalled money be called up.
Regards G Balaji Learn to love; Love to learn.
SUNNY MALHOTRA
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Jun 18, 2014, 11:27:37 PM6/18/14
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