ABC Ltd was incorporated as a limited company with 1,000,000 shares of no par value. The Regulations of the company show that the subscribers to the company, who subscribed to 60,000 shares for which the considerations pay was 600, and one Mr. A and the respodent, Mr. B, each of whom subscribed to 200,000 shares payable in cash at 200,000 dollars. Sometime after the company commenced its operations, problems developed between the managing director and Mr. B. Mr. C claimed he was a fully-paid member of the company and as such he is enttled to participate in the day to day runinng of the company, insisted Mr. C had not paid for sharea. By letter M r. C was infomed what he was a nominal shrareholder. 20% shres consideration Mr. C for unspecified sum for he must pay the current rate within 14 days when he faiiled to respond he first, second, or third calls or letters for the payment
state key issues in this case, and related law principles. Describe the mode of payment of shares

Under the laws of which country was this company formed?

Who are you, Mr. A, Mr. B, Mr. C, or someone else?

You appeared to have mis-copied this homework assignment, as parts of it do not make any sense.

Oh, and,. we do not do homework.