Question

Difference between paid up shares and fully paid

Answer 1

Paid-Up Capital. Paid-Up Capitalis the amount of money a company has been paid from shareholders in exchange for shares of its stock. ... A company that is fully paid-up has sold all available shares and thus cannot increase its capital unless it borrows money by taking on debt.

Answer 2

# Fully paid shares/paid up shares are the shares for which no more money is required to be paid to the company by shareholders on the value of the shares.
# Once the company receives full amount from the shareholders it becomes fully paid up shares.

Whereas,

# Partly paid up shares are the shares whose complete payment has not been done. Simply, those shares for which partial payment is made.