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प्रश्न
Answer in one sentence.
What is the minimum application money to be collected by company as per the Companies Act?
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उत्तर
As per the Companies Act, the minimum application money to be collected by the company is 5% of the nominal value of shares.
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संबंधित प्रश्न
Select the correct answer from the options given below and rewrite the statement.
The ______ have the power to allot shares.
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.
State whether the following statement is true or false.
Allotment of shares must be done within one month of receipt of application money.
Find the odd one.
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?
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?
Answer in brief.
State the general principles/rules for allotment of shares.
Justify the following statement.
Company has to fulfill general principles/rules for allotment of shares.
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
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.
Find the odd one.
