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Arrange in proper order. a. Forfeiture of shares. b. Calls on shares. c. Allotment of shares. - Secretarial Practice

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Question

Arrange in proper order.

  1. Forfeiture of shares.
  2. Calls on shares.
  3. Allotment of shares.
Short Answer
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Solution

(c) Allotment of shares
(b) Calls on shares
(a) Forfeiture of shares

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Allotment of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 65]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. J) 1. | Page 65

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.


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.


Answer in one sentence.

What is the time limit for filing Return of Allotment with the Registrar on allotment of shares?


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. Share certificate
  2. Allotment letter
  3. Application form

Arrange in proper order.

  1. Return of allotment
  2. Application form
  3. 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:

  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.


Explain the statutory provisions for allotment of shares.


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.


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