https://www.taxtmi.com/acts?id=33449 An issuer accepting subscription monies in calls must call outstanding subscription money within twelve months of allotment; non payment of the call within that period leads to forfeiture of the equity shares with calls in arrears and the subscription money paid on those shares, except where a monitoring agency has been appointed, in which case the twelve month calling requirement need not apply. en-us Fri, 21 Dec 2018 11:48:04 +0530 Fri, 09 Aug 2024 14:41:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33449 An issuer accepting subscription monies in calls must call outstanding subscription money within twelve months of allotment; non payment of the call within that period leads to forfeiture of the equity shares with calls in arrears and the subscription money paid on those shares, except where a monitoring agency has been appointed, in which case the twelve month calling requirement need not apply. Act-Rules SEBI Fri, 21 Dec 2018 11:48:04 +0530 https://www.taxtmi.com/acts?id=33449