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प्रश्न
Share certificate is issued for partly or fully paid up shares.
पर्याय
True
False
उत्तर
This statement is True.
Explanation:
Share certificate has to be issued under the common seal of the company, if any and signed by two Directors duly authorised by the Board of Directors and the Company Secretary or any other authorised person. Company has to issue the share certificate to all allottees as well as transferees on transfer of shares. It is issued on partly or fully paid up shares.
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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
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.
Explain the following term/concept.
Share certificate
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?
