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Briefly explain the term 'Return of Allotment'. - Business Studies

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प्रश्न

Briefly explain the term 'Return of Allotment'.

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उत्तर

In the promotion stage of a company, the promoters are required to submit the name and addresses of the shareholders along with the number of shares allotted to them. The statement that contains this information is known as ‘return of allotment’.

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Promotion of a Company
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पाठ 7: Formation of a Company - Short Answers [पृष्ठ १८०]

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एनसीईआरटी Business Studies [English] Class 11
पाठ 7 Formation of a Company
Short Answers | Q 4 | पृष्ठ १८०
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