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Silver Ltd. Company has recently come out with its public offer through FPO. Their issue was over subscribed. The Board of Directors now wants to start the allotment process Please advise the Board on - Secretarial Practice

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प्रश्न

Study the following case/situation and express your opinion.

Silver Ltd. Company has recently come out with its public offer through FPO. Their issue was over subscribed. The Board of Directors now wants to start the allotment process. Please advise the Board on:

  1. Should the company set up allotment committee?
  2. How should the company inform the applicants to whom the company is alloting shares?
  3. Within what period should the company issue share certificate?
टिप्पणी लिखिए

उत्तर

  1. Yes, the company should set up allotment committee. The allotment committee will decide the basis of allotment and submit a report to the board.
  2. The company should inform the applications to whom it is allotting shares by issuing letter of allotment or allotment advice.
  3. The company should issue share certificates within two months from the date of allotment of shares.
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Allotment of Shares
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Issue of Shares - EXERCISE [पृष्ठ ६६]

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बालभारती Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
अध्याय 3 Issue of Shares
EXERCISE | Q 3. 3. | पृष्ठ ६६
एससीईआरटी महाराष्ट्र Secretarial Practice [English] 12 Standard HSC
अध्याय 3 Issue of Shares
Study the following case/situation and express your opinion | Q 2

संबंधित प्रश्न

A ____________ is an indivisible unit of share capital.

(a) debenture

(b) share

(c) bond


Attempt the following :

What is letter of allotment of shares? What are its contents?


Select the correct answer from the options given below and rewrite the statement.

Letter of ______ is sent to applicants who have been given shares by the company.


Write a word or a term or a phrase which can substitute the following statement.

Appropriation of shares to an applicant.


State whether the following statement is true or false.

Allotment of shares must be done within one month of receipt of application money.


Complete the sentence.

When applications received are more than the number of shares offered, it is called as ______


Answer in one sentence.

What is the time limit to issue share certificate on allotment of shares?


Correct the underlined word and rewrite the following sentence.

Letter of Allotment is sent to applicants when no shares are allotted to them.


Arrange in proper order.

  1. Forfeiture of shares.
  2. Calls on shares.
  3. Allotment of shares.

Explain the following term/concept.

Allotment of shares


Answer in brief.

State the general principles/rules for allotment of shares.


Explain the statutory provisions for allotment of shares.


Explain briefly the procedure for allotment of shares.


Arrange in proper order:

(a) Allotment of shares

(b) Application of shares

(c) Share certificate


Arrange in Proper Order:

(a) Board Meeting

(b) Allotment of Debentures

(c) Board Resolution


Find the odd one.


Find the odd one.


Find the odd one.


What is allotment of Share?


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one. 


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