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State whether the following statement is true or false. Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares. - Secretarial Practice

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Question

State whether the following statement is true or false.

Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.

Options

  • True

  • False

MCQ
True or False

Solution

Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares. - False

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Precautions to Be Taken by the Secretary While Corresponding with Members
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Chapter 6: Correspondence with Members - Exercises [Page 102]

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Balbharati Secretarial Practice [English] 12 Standard HSC Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 1. D) 6. | Page 102

RELATED QUESTIONS

Select the correct answer from the options given below and rewrite the statement.

Share Certificate should be ready for delivery by the company within ______ months after the allotment of shares.


Select the correct answer from the options given below and rewrite the statement.

Dividend is paid out of ______ of the company


Match the pairs.

Group 'A'

Group 'B'

a. Dividend Warrant

1. Instrument for payment of Interest

b. Return on Shares

2. Capitalisation of Building Fund

c. Bonus Shares

3. Electronic Clearing Service

d. ECS

4. Capitalisation of Reserve Fund

e. NEFT

5. National Electronic Fund Transfer

 

6. Dividend

 

7. Electronic Co-operative Society

 

8. National Electronic Fixed Transfer

 

9. Instrument for Payment of Dividend

 

10. Interest


Write a word or a term or a phrase which can substitute the following statement.

An officer who comes into contact with all the members of the company through correspondence.


Write a word or a term or a phrase which can substitute the following statement.

A special kind of cheque issued by a company on its banker to pay certain sum of money as dividend to its members.


State whether the following statement is true or false.

Bonus shares means capitalisation of reserve fund.


State whether the following statement is true or false.

Registered shareholder gets dividend through dividend coupons.


Find the odd one.


Complete the sentence.

Payment of dividend must be made within ______ days of its declaration.


Complete the sentence.

Dividend is approved by the ______ in the Annual General Meeting.


Answer in one sentence:
Who recommends the rate of dividend ?


Answer in one sentence.
Which type of shareholders enjoy the benefit of Bonus Shares?


Answer in one sentence.
What is meant by payment of dividend electronically?


Correct the underlined word and rewrite the following sentence:

Dividend is recommended by shareholders.


Correct the underlined word and rewrite the following sentence:

Bonus shares are issued as a free gift to the preference shareholders.


Correct the underlined word/s and rewrite the following sentence:
A company must issue the Share Certificate within three months of allotment of shares.


Which precautions are to be taken by the Secretary while corresponding with members?


Justify the following statement
The Company Secretary should take certain precautions while corresponding with members


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