Question

Justify the following statement
There are certain circumstances when a Secretary has to correspond with members.

Answer 1

Justification:
There are circumstances under which a secretary has to enter into correspondence with members. They are as follows:
(a) Letter for the issue of share certificate
(b) Letter for Payment of Dividend through:
• Dividend warrant
• Electronic Payment of Dividend Bonus Shares.
(c) Letter for Issue of Bonus Shares
(d) Reply letter to the query of the member on low rate of dividend.
Thus, there are certain circumstances when a secretary has to correspond with members.