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Answer in one sentence. What is the time limit to issue share certificate on allotment of shares? - Secretarial Practice

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Question

Answer in one sentence.

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

One Line Answer

Solution

The time limit to issue a share certificate on the allotment of shares is of maximum 2 months.

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Allotment of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 64]

RELATED QUESTIONS

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.


Find the odd one.


Complete the sentence.

Letter sent to applicants for informing them shares are allotted is called as ______


Answer in one sentence.

What is the time limit for filing Return of Allotment with the Registrar on allotment of shares?


Answer in one sentence.

What is the minimum application money to be collected by company as per the Companies Act?


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.

Arrange in proper order.

  1. Share certificate
  2. Allotment letter
  3. Application form

Explain the following term/concept.

Allotment of shares


Answer in brief.

State the general principles/rules for allotment of shares.


Justify the following statement.

Company has to fulfill general principles/rules for allotment of shares.


Explain briefly the procedure for allotment of shares.


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.


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. 


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