Payment of amount of shares held jointly - NEPAL MONETARY SOLUTIONS (NMS)

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Thursday, April 3, 2014

Payment of amount of shares held jointly

Payment of amount of shares held jointly

(1) Every partner shall pay the amount of call on the shares held jointly in proportion to his/her ownership.

(2) Except where there exists a duly executed deed indicating specific portion owned by each partner in the shares held pursuant to Sub-section (1), all the holders of such shares shall be deemed to have equal ownership thereon.

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