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Find the odd one. Allotment of shares, Forfeiture of shares, Surrender of shares. - Secretarial Practice

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Question

Find the odd one.

Options

  • Allotment of shares

  • Forfeiture of shares

  • Surrender of shares

MCQ
One Line Answer

Solution

Allotment of shares

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Allotment of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 63]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. E) 5. | Page 63

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.

The ______ have the power to allot shares.


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.


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.


State whether the following statement is true or false.

Allotment of shares must be done within one month of receipt of application money.


Complete the sentence.

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


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


Arrange in proper order.

  1. Forfeiture of shares.
  2. Calls on shares.
  3. Allotment of shares.

Arrange in proper order.

  1. Return of allotment
  2. Application form
  3. Minimum subscription

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:

  1. Should the company set up allotment committee?
  2. How should the company inform the applicants to whom the company is alloting shares?
  3. Within what period should the company issue share certificate?

Explain briefly the procedure 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.


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one.


Find the odd one. 


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