Difference between oversubscription and call in advance
Dear Student,
Oversubscription : When in a company public applied for more than issued share capital, it is a state of Oversubscription​.
Calls-in-advance: When a shareholder pays any call before it is becoming due, it is called Calls-in-advance​. Say, if a shreholder pays amount of 2nd call along with 1st call.
Regards
Oversubscription : When in a company public applied for more than issued share capital, it is a state of Oversubscription​.
Calls-in-advance: When a shareholder pays any call before it is becoming due, it is called Calls-in-advance​. Say, if a shreholder pays amount of 2nd call along with 1st call.
Regards