Can an active company issue dormant shares?

UK Discussion in 'General Accountancy Discussion' started by Barca, May 15, 2018.

  1. Barca

    Barca

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    Can an active company issue dormant shares?

    E.g if a private limited company had two shareholders, each holding 48% of the shares, could the remaining 4% of shares be dormant?
     
    Barca, May 15, 2018
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  2. Barca

    Fidget VIP Member

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    It's companies that are either active or dormant, not shares. So 'dormant' shares would not be able to be issued by an active company.
     
    Last edited: May 15, 2018
    Fidget, May 15, 2018
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