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Question
Select the correct answer from the options given below and rewrite the statement.
The ______ have the power to allot shares.
Options
Director
Board of Directors
Company Secretary
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Solution
The Board of Directors have the power to allot shares.
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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?
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.
Committee set up to decide the formula for allotment of shares in case of over subscription.
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 ______
Answer in one sentence.
What is the time limit to issue share certificate on allotment of shares?
Answer in one sentence.
What is the minimum application money to be collected by company as per the Companies Act?
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.
- 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
Explain the following term/concept.
Allotment of shares
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 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.
