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Q. > Please Help: PARTLY PAID-UP RIGHTS ISSUE
A private Limited company has opened its Offer for issuance of rights shares to its existing shareholders wherein one of the investor is a foreign investor. The Pvt.. Company has issued partly paid up shares to the shareholders. Reply in context to Companies Act, 2013.
1. So my question is, does all the money required to come to complete this allotment of shares be done within the Offer time or calls can be made even after offer is closed??
2. What is the procedure to make partly paid -up capital into fully paid-up shares??
Please Reply its urgent.
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Rambabu Senkarasetti
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CA. SURESH Kr. AGARWAL
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