‹ 540. Meaning Of Payment In Cash 541. Public Companies: Shares Taken By Initial Shareholders › Additional Rules For Public Companies 541. Public Companies: Shares Taken By Initial Shareholders 542. Public Companies: Must Not Accept Undertaking To Do Work Or Perform Services 543. Public Companies: Shares must Be At Least One-Quarter Paid Up 544. Public Companies: Payment By Long-Term Undertaking ‹ 540. Meaning Of Payment In Cash 541. Public Companies: Shares Taken By Initial Shareholders ›