When a company issues partly paid shares, the investor pays only a portion of the total share price upfront. The remaining amount will be paid as per the next call by the company. This can be payable in one lump sum or in instalments, as per the terms of the issue. Until the full amount is paid, the shareholder is considered the owner of the shares, but the company retains a claim over the unpaid amount.
How do partly paid shares work? Print
Modified on: Fri, 23 Feb, 2024 at 1:21 PM
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