ISSUE OF SHARES. — SPCC STD 12 Commerce — Question
Gujarat BoardEnglish MediumSTD 12 CommerceSPCCISSUE OF SHARES.1 Mark
Question
What is a Share Installment?
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Answer
The Company does not invoke all the sum of shares issued together. When a company invites some amount with the share application and the remaining amount is called at the time of need, that unit is known as a "Share Installment".
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