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Answer in one sentence. What is the minimum application money to be collected by company as per the Companies Act? - Secretarial Practice

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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?

एका वाक्यात उत्तर
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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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Allotment of Shares
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 3: Issue of Shares - EXERCISE [पृष्ठ ६४]

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बालभारती Secretarial Practice [English] Standard 12 Maharashtra State Board
पाठ 3 Issue of Shares
EXERCISE | Q 1. H) 7. | पृष्ठ ६४

संबंधित प्रश्‍न

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?


Letter of ______ is sent to applicants who have been given shares by the company.


Find the odd one.


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 ______


Correct the underlined word and rewrite the following sentence.

Letter of Allotment is sent to applicants when no shares are allotted to them.


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?

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.


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.


Find the odd one.


Find the odd one. 


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