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un-issued shares -
14-12-2007, 11:46 AM
Hi.
Can anyone help? I want to know, in a private limited company by shares (English law). What happens to the dividend belonging to un-issued shares. A) are they left in a secure account. B) there are no dividend. C) the dividend of the un-issued shares is divided among the issued shares. I do not think c is legal. D) ? Any help with this would be welcome. |
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