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Question
Complete the sentence.
Letter sent to applicants for informing them shares are allotted is called as ______
Solution
Letter sent to applicants for informing them shares are allotted is called as Letter of allotment
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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.
Committee set up to decide the formula for allotment of shares in case of over subscription.
Complete the sentence.
When applications received are more than the number of shares offered, it is called as ______
Answer in one sentence.
What is the time limit to issue share certificate on allotment of shares?
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?
Arrange in proper order.
- Forfeiture of shares.
- Calls on shares.
- Allotment of shares.
Arrange in proper order.
- Share certificate
- Allotment letter
- Application form
Arrange in proper order.
- Return of allotment
- Application form
- Minimum subscription
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:
- Should the company set up allotment committee?
- How should the company inform the applicants to whom the company is alloting shares?
- Within what period should the company issue share certificate?
Explain the statutory provisions for allotment of shares.
Explain briefly the procedure for allotment of shares.
Arrange in proper order:
(a) Allotment of shares
(b) Application of shares
(c) Share certificate
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.
Find the odd one.
