Acceptance of unpaid share capital permitted by articles, with voting rights deferred until payment would otherwise be due. A company may, if authorised by its articles, accept from a member payment of whole or part of the unpaid amount on shares even though that amount has not been called; where the company is limited by shares, the member does not obtain voting rights in respect of those payments until the sums would, but for the payment, have become presently payable.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Acceptance of unpaid share capital permitted by articles, with voting rights deferred until payment would otherwise be due.
A company may, if authorised by its articles, accept from a member payment of whole or part of the unpaid amount on shares even though that amount has not been called; where the company is limited by shares, the member does not obtain voting rights in respect of those payments until the sums would, but for the payment, have become presently payable.
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