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State whether the following statement is true or false. Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.

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Question

State whether the following statement is true or false.

Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares.

Options

  • True

  • False

MCQ
True or False
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Solution

Every company must issue or despatch a share certificate to the allottee within three months after allotment of shares. - False

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Precautions to Be Taken by the Secretary While Corresponding with Members
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Chapter 6: Correspondence with Members - Exercises [Page 102]

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Balbharati Secretarial Practice [English] Standard 12 Maharashtra State Board
Chapter 6 Correspondence with Members
Exercises | Q 1. D) 6. | Page 102

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