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Arrange in proper order: (a) Allotment of shares (b) Application of shares (c) Share certificate - Secretarial Practice

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Question

Arrange in proper order:

(a) Allotment of shares

(b) Application of shares

(c) Share certificate

Short Note

Solution

(b) Application for shares

(a) Allotment of shares

(c) Share certificate

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Allotment of Shares
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Chapter 6: Correspondence with Members - Exercises [Page 103]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 1. J) 1. | Page 103

RELATED QUESTIONS

A ____________ is an indivisible unit of share capital.

(a) debenture

(b) share

(c) bond


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


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The ______ have the power to allot shares.


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Appropriation of shares to an applicant.


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Committee set up to decide the formula for allotment of shares in case of over subscription.


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


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What is the time limit for filing Return of Allotment with the Registrar 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. Share certificate
  2. Allotment letter
  3. Application form

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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  3. Within what period should the company issue share certificate?

Justify the following statement.

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


Explain the statutory provisions for allotment of shares.


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(c) Board Resolution


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What is allotment of Share?


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