Find the odd one. Allotment of shares, Forfeiture of shares, Surrender of shares. - Secretarial Practice

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MCQ
One Word Answer

Find the odd one.

Options

  • Allotment of shares

  • Forfeiture of shares

  • Surrender of shares

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Solution

Allotment of shares

Concept: Allotment of Shares
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Chapter 3: Issue of Shares - Exercises [Page 63]

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Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 3 Issue of Shares
Exercises | Q 1. E) 5. | Page 63

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.


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

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.


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

Committee set up to decide the formula for allotment of shares in case of over subscription.


State whether the following statement is true or false.

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


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. Forfeiture of shares,
  2. Calls on shares.
  3. Allotment of shares.

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

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.


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