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You have to pay the difference.

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Q: How do you convert partly paid up shares into fully paid up shares?
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Can partly paid-up preference shares be redeemed?

No, According to sec 80 of Co. Act 1956, Before redemption of Pref Share they must full paid first, if there is partly paid then convert it into fully paid shares


Difference between fully paid shares and shares issued at discount?

Fully paid shares means that the amount of which shares are fully paid by the investors while shares issued at discount means, share are issued at discounted price from actual face value of asset.


Why only fully paid up preference shares can be redeemed?

Only fully paid up preference shares are redeemed because the law requires it.


What is the difference between paid-in capital and paid-up capital?

The Authorised Capital is the amount of capital which a limited company COULD issue.(10,000 shares of £1 each) Paid up capital is the amount actually issued.(2842 shares of £1 each fully paid)


Who paid for the aswan high dam project?

Partly Russia and partly America


How do you solve an agency problem?

Give the CEO a fixed salary. The CEO's salary should be paid partly in the form of caompany's shares of stock. The CEO's salary should be based on the company's profits.


Example of Paid-Up Capital?

The amount of money received by shareholders that have paid for the shares they purchased is paid-up capital. An example is the shares a company offers to shareholders that are paid for and not shares that have not been purchased but have been bid on.


How do CEO get paid?

CEOs are paid in a mixture of salary, dividends and shares


When calculating Earnings per share do you subtract or add authorized shares?

Authorised shares are not used in earning per share rather paid up share capital or paid up shares are used authorised shares are the maximum number of shares which a company can issue so if authorised and subscribed and paid up capital is same then authorised capital will be used.


Difference between share certificate and share warrants?

1. Share Certificate[SC] is a registered evidence of title. Share warrant[SW] is a bearer document of title. 2. SC is not a negotiable instrument. SW is a negotiable instrument. 3. Both Private & Public Company can issue Share Certificate. Only Public company can issue Share Warrant. 4. Issue of SC doesn't require approval of central Government. Issue of SW requires approval of central Government. 5. Holder of SC has full rights(voting, participation in management, etc.) in a company. Holder of SW doesn't have has full rights in a company. 6. SC is issued in respect of partly paid or fully paid shares. SW is issued in respect of only fully paid shares.


What is preference share?

Preference shares are shares whose dividends are paid out first before ordinary shares dividends. They so called (preference shares) because they have 'preference' over ordinary shares for payment of dividends.


Cash dividends are paid on the basis of the number of shares?

outstanding