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प्रश्न
Explain the following term/concept.
Share certificate
उत्तर
(a) Share certificate is a registered document of title to the shares issued by the company under its common seal, duly stamped by at least two directors and counter signed by the secretary of the company.
(b) It is issued by both public and private companies in respect of partly or fully paid up shares. Since it is a registered document of the title of share, it only is transferred by following the procedure laid down in Articles of Association.
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संबंधित प्रश्न
Write notes on Contents of the share certificate.
______ is a proof of title to shares.
Write a word or a term or a phrase which can substitute the following statement.
Document which is a prima facie evidence of ownership of certain shares of a company
Share certificate is issued for partly or fully paid up shares.
Complete the sentence.
In case the original Share Certificate is torn or mutilated, company can issue ______
Answer in one sentence.
What is a share certificate?
Correct the underlined word and rewrite the following sentence.
Duplicate share certificate must be issued within one month from date of application.
Justify the following statement.
A company can issue duplicate share certificate.
Study the following case/situation and express your opinion.
| Shing Metal Ltd. Company has recently come out with its public offer through FPO. Their issue was over-subscribed. Now the Boord of Directors wants to start the allotment process. Please advise the Board on: |
- Should the company set up an allotment committee?
- How should the company inform the applicants to whom the company is allotting shares?
- Within what period should the company issue a share certificate?
