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12:02 Dec 18, 2013 |
Italian to Romanian translations [PRO] Law/Patents - Law (general) / procura | |||||||
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| Selected response from: Monica Rightenour Local time: 21:14 | ||||||
Grading comment
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Summary of answers provided | ||||
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4 | payment of calls (of unpaid allotted shares or unpaid share capital) |
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Discussion entries: 1 | |
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payment of calls (of unpaid allotted shares or unpaid share capital) Explanation: payment of calls (of unpaid allotted shares or unpaid share capital) http://www.sapere.it/sapere/dizionari/traduzioni/Inglese-Ita... 7 ( comm.) richiesta ( f.), chiamata ( f.); richiamo ( m.) dei decimi (del capitale sociale non ancora versato): at call, esigibile a vista; on call, a, su richiesta http://www.iei.liu.se/fek/frist/723g13/literature/1.101410/M... cash call = richiesta di fondi liquidi; richiamo dei decimi di capitale http://www.wikinvest.com/stock/BP_(BP)/Payment_Calls Payment of calls 31 Each member shall (subject to receiving at least fourteen days’ notice specifying the time or times and place of payment) pay to the Company at the time or times and place so specified the amount called on his shares. The joint holders of a share shall be jointly and severally liable to pay all calls in respect thereof. http://en.dicios.com/iten/decimi decimi = calls there are many answers on Proz related to this term http://www.proz.com/kudoz/english_to_italian/bus_financial/2... http://www.finance-glossary.com/define/call-payment/12442/0/... Call Payment A payment made by investors for new shares. The term would apply to payments made when a company first floats on the stock exchange and also when it has a rights issue. Call payments can be staged. For instance, if you subscribe to an offer on flotation, the terms may require you to pay in two instalments - the first at the time of your subscription and the second six months later. Issuing companies use this as a device to attract shareholders, and it was widely used when the UK government privatised state-owned industries in the 1980s and 1990s. http://www.manupatrafast.com/articles/PopOpenArticle.aspx?ID... There is no statutory provision for forfeiture of the shares under Companies Act, 1956. However, there is a provision in Chapter VIII of the SEBI(Disclosure and Investor Protection) Guidelines, 2000, which is reproduced herein below: "8.6.2 Securities Issued to be Made Fully Paid Up a) If the subscription money is proposed to be received in calls, the calls shall be structured in such a manner that the entire subscription money is called within 12 months from the date of allotment. b) If the investor fails to pay call money within 12 months the subscription money already paid may be forfeited. also, in the same Forfeiture of shares means cancellation of shares already allotted for non-payment of call or installment of a call or other moneys due on shares. The provisions relating to forfeiture shall apply in case of non-payment of any sum, which by terms of issue of shares, becomes payable at a fixed time, whether on account of nominal value or premium as if it is payable by virtue of a call duly made and notified. When shareholder fails to pay, the companies may resort to forfeiture and re-issue the shares to other persons and collect the unpaid money. -------------------------------------------------- Note added at 1 day3 hrs (2013-12-19 16:02:04 GMT) -------------------------------------------------- Romanian plata partilor sociale (actiunilor) subscrise si nevarsate |
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