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Question
Answer in one sentence.
What is the time limit for filing Return of Allotment with the Registrar on allotment of shares?
Solution
The time limit for filing Return of Allotment with the Registrar is 30 days after the allotment of shares.
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RELATED QUESTIONS
A ____________ is an indivisible unit of share capital.
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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.
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Explain the following term/concept.
Allotment of shares
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:
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- Within what period should the company issue share certificate?
Answer in brief.
State the general principles/rules for allotment of shares.
Explain the statutory provisions 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.
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Find the odd one.
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