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Question
Share Allotment Letter
Solution
STAR INDUSTRIES LIMITED
50/A, Kasarwadi, Pimpri-Pune-411018
Tele No. 24371235 http://www starind.in
Email - [email protected]
Fax: 24371255
Ref.: D 35/2012 Date: 18th June 2012
Mr. Bhave Singh. P Chavan
A/24, Sundarban,
Bhandarkar Road, Khar, Mumbai - 53
Sub: Allotment of shares
Dear Sir,
This is to inform you that your application No. 555341 dated 25th May 2012 was
considered at the board meeting, held on 15th June 2012. As per the Board Resolution No. 0052 details of allotment of equity shares are given below:
1 | 2 | 3 | 4 | 5 |
No. of shares applied | No. of shares allotted | Distinctive number of shares | Amount received as application money | Amount due to allotment |
100 | 100 | 2801 to 2900 | Rs. 250 | Rs. 250 |
You are hereby requested to pay the aforesaid amount due on allotment mentioned in
column 5 to our Company's Bankers viz Bank of India at any of its branches. Please make it convenient to pay the allotment money on or before 6 July 2011. Duly signed and executed share certificate shall be exchanged against this letter of allotment and allotment receipt.
Thanking you.
Yours faithfully,
For Star Industries Ltd.
Sd/-
Secretary
ALLOTMENT RECEIPT
Star Industries Ltd.
50/A, Kasarwadi, Pimpri-Pune-411018
Tele No.24371235
Ref D 35/2012
Received from Shri. Bhave Singh P Chavan a sum of Rs. Two Hundred and Fifty 0nly as
allotment money on One hundred equity shares of Rs. 10 each.
For Bank of India
Sd/-
Cashier.
ALLOTMENT SLIP (forwarded to a company)
Ref: D 35/2012
Received from Shri Bhave Singh P. Chavan a sum of 250 (Two Hundred Fifty) On behalf of Star industries Ltd., as allotment money on One hundred equity shares numbered 2801 to 2900.
FOR BANK OF INDIA
Sd/-
Cashier
NOTE: -
This letter informs a share applicant about the allotment of shares. Intimation about allotment money due from allottee is also given in this letter. Allotment Receipt with perforation is attached to this letter.
This letter contains the following information
- Reference number of share applications and the number of shares applied for.
- Number of shares allotted
- The amount payable on allotment
- The due date for the payment of allotment money
- Place of payment
- Interest to be charged on allotment money received after the due date
- Consequences of non-payment of allotment money
- The letter of allotment is duly dated, stamped. and signed by proper authority.
A letter of allotment has to be preserved by the allottee as the share certificate is issued by the company in exchange of this letter.