English

Complete the sentence. Letter sent to applicants for informing them shares are allotted is called as ______

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Question

Complete the sentence.

Letter sent to applicants for informing them shares are allotted is called as ______

Fill in the Blanks
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Solution

Letter sent to applicants for informing them shares are allotted is called as Letter of allotment

shaalaa.com
Allotment of Shares
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Chapter 3: Issue of Shares - EXERCISE [Page 64]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 3 Issue of Shares
EXERCISE | Q 1. F) 9. | Page 64

RELATED QUESTIONS

A ____________ is an indivisible unit of share capital.

(a) debenture

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(c) bond


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The ______ have the power to allot shares.


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Appropriation of shares to an applicant.


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Allotment of shares must be done within one month of receipt of application money.


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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. Forfeiture of shares.
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