Company to accept unpaid share capital although called up
This article is written by Calista Chettiar, a Second-Year BA. LL.B. (Hons.) student from NMIMS, School of Law, Bangalore. INTRODUCTION: In India, corporations are established, managed, and administered in accordance with the Companies Act of 2013. Section 50, which addresses the issue of a company accepting unpaid share capital, is a pivotal part of…