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

Shares issued free of cost to the shareholders are known as __________ shares.

Transfer of ownership of shares by operation of law.

Attempt the following :

What is letter of allotment of shares? What are its contents?

Transfer of shares by operation of law is called ___________ of shares.  

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