HSC Commerce: Marketing and Salesmanship 12th Standard Board Exam - Maharashtra State Board Important Questions

The value of share which is written on the share certificate and mentioned in the memorandum of association.

Write a word / term/ phrase which can substitute the following statements.

Instrument of payment of interest.

Answer the following question :

Draft a letter of thanks to a depositor of a company.

Select the correct answer from the possible choices given below and rewrite the statements : 

Issue of share warrant requires prior approval of the ___________.

State, with reason, whether the following statement is True or False.

Issue of bonus shares is compulsory.

What is transmission of shares ? State its reasons.

Draft a lodgement notice to a transferor.

Letter of ______ is sent to applicants who have been given shares by the company.

______ is a proof of title to shares.

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

Document which is a prima facie evidence of ownership of certain shares of a company

The member transferring shares is called the transferor.

Share certificate is issued for partly or fully paid up shares.

Answer in one sentence.

What is the time limit to issue share certificate on allotment of shares?

Correct the underlined word and rewrite the following sentence.

Duplicate share certificate must be issued within one month from date of application.

Explain the following term/concept.

Allotment of shares

Explain the following term/concept.

Blank transfer

Answer in brief.

State the general principles/rules for allotment of shares.

Justify the following statement.

A company can issue duplicate share certificate.

Explain the statutory provisions for allotment of shares.

Arrange in proper order:

(a) Allotment of shares

(b) Application of shares

(c) Share certificate