题目

Explain the extent of Gus's liability on the 10,000 £1 shares that he paid 75p each for

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考点:Chapter17Capitalmaintenanceanddividendlaw

Under the Companies Act, Flop Ltd had a remaining call on Gus after the first issue for the amount left unpaid on his shares of (10,000 × 25p = £2,500). This is because, when a company issues shares at a discount to their nominal value it is effectively saying that the shareholder has a £1 share, say, but only needs to pay 75p in total for it. This is prohibited: the shareholder must nonetheless pay the full nominal value plus interest at the appropriate rate.  

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