Maharashtra State BoardHSC Commerce 12th Board Exam
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Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 3 - Issue of Shares [Latest edition]

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Secretarial Practice 12th Standard HSC Maharashtra State Board - Shaalaa.com

Chapter 3: Issue of Shares

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Exercise Q.1 [Pages 61 - 65]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.1 [Pages 61 - 65]

Exercise Q.1 | Q 1.01 | Page 61

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

______ refers to capital made up of Equity and preference shares

  • Share capital

  • Debt capital

  • Reserve fund

Exercise Q.1 | Q 1.02 | Page 61

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

______ capital refers to maximum capital a company can raise by issuing shares.

  • Issued

  • Authorised

  • Paid-up

Exercise Q.1 | Q 1.03 | Page 61

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

______ means shares are offered to the public.

  • Rights Issue

  • Private Placement

  • Public Issue

Exercise Q.1 | Q 1.04 | Page 61

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

Under ______ method, issue price of shares is based on bidding.

  • Book Building

  • Fixed Price

  • Bonus Issue

Exercise Q.1 | Q 1.05 | Page 61

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

In ______, shares of a company are offered to the public for the first time.

  • Further Public Offer

  • Initial Public Offer

  • Public Offer

Exercise Q.1 | Q 1.06 | Page 61

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

______ is offered to existing equity shareholders.

  • IPO

  • ESOS

  • Rights Issue

Exercise Q.1 | Q 1.07 | Page 61

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

Bonus shares are issued free of cost to ______

  • existing Equity shareholders

  • existing employees

  • Directors

Exercise Q.1 | Q 1.08 | Page 61

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

______ are offered to permanent employees, Directors and Officers of a company.

  • Bonus Shares

  • Rights Issue

  • ESOS

Exercise Q.1 | Q 1.09 | Page 61

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

Under ______, a company offers its securities to a select group of persons not exceeding 200.

  • Private Placement

  • IPO

  • Public Offer

Exercise Q.1 | Q 1.1 | Page 61

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

The ______ have the power to allot shares.

  • Director

  • Board of Directors

  • Company Secretary

Exercise Q.1 | Q 1.11 | Page 61

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.

  • Regret

  • Renunciation

  • Allotment

Exercise Q.1 | Q 1.12 | Page 61

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

______ is a proof of title to Shares.

  • Share Certificate

  • Register of Member

  • Letter of Allotment

Exercise Q.1 | Q 1.13 | Page 61

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

The gap between two calls should not be less than ______

  • 14 days

  • One month

  • 21 days

Exercise Q.1 | Q 1.14 | Page 61

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

Company can ______ shares on non-payment of calls.

  • forfeit

  • surrender

  • allot

Exercise Q.1 | Q 1.15 | Page 61

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

Voluntarily giving away one’s share to another person is called as______of shares.

  • Transfer

  • Transmission

  • Surrender

Exercise Q.1 | Q 1.16 | Page 61

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

______ of shares takes place due to operation of law.

  • Forfeiture

  • Allotment

  • Transmission

Exercise Q.1 | Q 2.1 | Page 62

Match the pairs.

Group 'A'

Group 'B'

a) Death of member

1. Forfeiture of shares

b) Voluntary return of shares to company by member

2. Book Building Method

c) Price of shares mentioned in prospectus

3. Offered to existing employees

d) ESPS

4. Surrender of shares

e) Regret Letter

5. Transmission of shares

 

6. Non-allotment of shares

 

7. Offered to existing Equity shareholders

 

8. Transfer of shares

 

9. Fixed price issue method

 

10. Allotment of shares

Exercise Q.1 | Q 2.2 | Page 62

Match the pairs.

Group 'A'

Group 'B'

a) Issued capital

1) Non-payment of calls

b) FPO

2) Any issue after IPO

c) Bonus shares

3) Offered to existing employees

d) Issued within two months of allotment of shares

4) Capital offered to public to subscribe

e) Forfeiture of shares

5) Share certificate

 

6) First time issue of shares

 

7) Free shares issued to existing equity shareholders

 

8) Maximum capital a company can raise

 

9) Allotment Letter

 

10) Operation of law

Exercise Q.1 | Q 3.01 | Page 62

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

Capital collected by way of issue of Equity and Preference shares.

Exercise Q.1 | Q 3.02 | Page 62

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

Part of issued capital subscribed by investors.

Exercise Q.1 | Q 3.03 | Page 62

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

Capital that will be collected only at the time of winding up of a company

Exercise Q.1 | Q 3.05 | Page 62

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

Offering of shares by a company to the public for the first time.

Exercise Q.1 | Q 3.06 | Page 63

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

Subsequent issue of shares after an IPO.

Exercise Q.1 | Q 3.07 | Page 63

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

Pre-emptive right given to existing Equity shareholders to subscribe to new issue of shares by company.

Exercise Q.1 | Q 3.08 | Page 63

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

It is also called as ‘Capitalisation of Profits’

Exercise Q.1 | Q 3.09 | Page 63

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

Appropriation of shares to an applicant.

Exercise Q.1 | Q 3.1 | Page 63

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.

Exercise Q.1 | Q 3.11 | Page 63

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

Minimum amount to be collected from subscribers within thirty days of issue of prospectus.

Exercise Q.1 | Q 3.12 | Page 63

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

Exercise Q.1 | Q 3.13 | Page 63

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

Penal action taken by company on non-payment of calls.

Exercise Q.1 | Q 3.14 | Page 63

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

Person to whom transferor is transferring the shares.

Exercise Q.1 | Q 3.15 | Page 63

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

Transfer of shares due to operation of law.

Exercise Q.1 | Q 4.01 | Page 63

State whether the following statement is true or false.

Only fully paidup shares can be forfeited.

  • True

  • False

Exercise Q.1 | Q 4.02 | Page 63

State whether the following statement is true or false.

The member transferring shares is called as transferor.

  • True

  • False

Exercise Q.1 | Q 4.03 | Page 63

State whether the following statement is true or false.

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

  • True

  • False

Exercise Q.1 | Q 4.04 | Page 63

State whether the following statement is true or false.

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

  • True

  • False

Exercise Q.1 | Q 4.05 | Page 63

State whether the following statement is true or false.

Sweat Equity shares are offered to Directors or employees of a company.

  • True

  • False

Exercise Q.1 | Q 4.06 | Page 63

State whether the following statement is true or false.

Bonus Shares are issued at a discounted price to the Equity shareholders.

  • True

  • False

Exercise Q.1 | Q 4.07 | Page 63

State whether the following statement is true or false.

Floor price is the highest bid price under Book Building method.

  • True

  • False

Exercise Q.1 | Q 4.08 | Page 63

State whether the following statement is true or false.

Calls not paid by shareholder is called as calls in arrears.

  • True

  • False

Exercise Q.1 | Q 4.09 | Page 63

State whether the following statement is true or false.

Shares not offered to the public for subscription is called as subscribed capital.

  • True

  • False

Exercise Q.1 | Q 4.1 | Page 63

State whether the following statement is true or false.

Authorised capital is mentioned in capital clause of Memorandum of Association.

  • True

  • False

Exercise Q.1 | Q 5.1 | Page 63

Find the odd one.

  • Authorised capital

  • Equity share capital

  • Issued capital

  • Paidup capital

Exercise Q.1 | Q 5.2 | Page 63

Find the odd one.

  • ESOS

  • ESPS

  • Rights Shares

  • Sweat Equity

Exercise Q.1 | Q 5.3 | Page 63

Find the odd one.

  • Floor Price

  • Cap price

  • Cut-off price

  • Face Value

Exercise Q.1 | Q 5.4 | Page 63

Find the odd one.

  • Bonus shares

  • Rights Shares

  • ESOS

Exercise Q.1 | Q 5.5 | Page 63

Find the odd one.

  • Allotment of shares

  • Forfeiture of shares

  • Surrender of shares

Exercise Q.1 | Q 6.01 | Page 63

Complete the sentence.

Share capital refers to capital made up of Equity shares and ____________

Exercise Q.1 | Q 6.02 | Page 63

Complete the sentence.

Reserve capital is part of ______

Exercise Q.1 | Q 6.03 | Page 63

Complete the sentence.

Transfer of shares due to death, insolvency or insanity of member is called ______

Exercise Q.1 | Q 6.04 | Page 63

Complete the sentence.

The two parties involved in transfer of shares are transferor and ______

Exercise Q.1 | Q 6.05 | Page 63

Complete the sentence.

Voluntarily giving up of shares by a member due to inability to pay calls is called as ______

Exercise Q.1 | Q 6.06 | Page 64

Complete the sentence.

Company can forfeit only ______ paid shares.

Exercise Q.1 | Q 6.07 | Page 64

Complete the sentence.

In case the original Share Certificate is torn or mutilated, company can issue ______

Exercise Q.1 | Q 6.08 | Page 64

Complete the sentence.

In case of transfer of shares, company has to issue to the transferee a new share certificate within ______

Exercise Q.1 | Q 6.09 | Page 64

Complete the sentence.

Letter sent to applicants for informing them shares are allotted is called as ______

Exercise Q.1 | Q 6.1 | Page 64

Complete the sentence.

When applications received are more than the number of shares offered, it is called as ______

Exercise Q.1 | Q 6.11 | Page 64

Complete the sentence.

In Book Building Method, the final price at which shares are offered to investors is called as ______

Exercise Q.1 | Q 6.12 | Page 64

Complete the sentence.

Shares issued free of cost to existing Equity shareholders is called as ______

Exercise Q.1 | Q 7 | Page 64

Select the correct option from the bracket.

(First time offer of shares, Shares offered to public, Shares offered to existing Equity shareholders, Shares offered to existing employees, Transmission of shares)

Group 'A'

Group "B"

a) Public offer of shares

1) ____________

b) ____________

2) Initial Public offer

c) Rights Issue

3) ____________

d) ____________

4) ESOS

e) Operation of law

5) ____________

Exercise Q.1 | Q 8.01 | Page 64

Answer in one sentence.

When does transmission of share take place?

Exercise Q.1 | Q 8.02 | Page 64

Answer in one sentence.

Name the parties involved in transfer of shares.

Exercise Q.1 | Q 8.03 | Page 64

Answer in one sentence.

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

Exercise Q.1 | Q 8.04 | Page 64

Answer in one sentence.

What is the time limit for filing Return of Allotment with the Registrar on allotment of shares?

Exercise Q.1 | Q 8.05 | Page 64

Answer in one sentence.

When can a company forfeit shares?

Exercise Q.1 | Q 8.06 | Page 64

Answer in one sentence.

What is a share certificate?

Exercise Q.1 | Q 8.07 | Page 64

Answer in one sentence.

What is the minimum application money to be collected by company as per the Companies Act?

Exercise Q.1 | Q 8.08 | Page 64

Answer in one sentence.

With whom should the prospectus be filed before issuing it to the public?

Exercise Q.1 | Q 8.09 | Page 64

Answer in one sentence.

What is meant by private placement?

Exercise Q.1 | Q 8.1 | Page 64

Answer in one sentence.

To whom is Sweat Equity Shares offered by a company?

Exercise Q.1 | Q 8.11 | Page 64

Answer in one sentence.

To whom can a company issue Bonus Shares?

Exercise Q.1 | Q 8.12 | Page 65

Answer in one sentence.

What is the subsequent issue after IPO called as?

Exercise Q.1 | Q 8.13 | Page 65

Answer in one sentence.

Name the method under which the issue price of shares is fixed through a bidding process.

Exercise Q.1 | Q 8.14 | Page 65

Answer in one sentence.

What is Public Issue?

Exercise Q.1 | Q 8.15 | Page 65

Answer in one sentence.

Name the capital which is mentioned in the capital clause of Memorandum of Association.

Exercise Q.1 | Q 9.1 | Page 65

Correct the underlined word and rewrite the following sentence.

Issued capital is the maximum capital which a company can raise by issuing shares.

Exercise Q.1 | Q 9.2 | Page 65

Correct the underlined word and rewrite the following sentence.

Under Fixed price issue method, the price of shares is fixed through bidding process

Exercise Q.1 | Q 9.3 | Page 65

Correct the underlined word and rewrite the following sentence.

FPO refers to offering of shares to the public for the first time.

Exercise Q.1 | Q 9.4 | Page 65

Correct the underlined word and rewrite the following sentence.

Only fully paid up shares can be forfeited.

Exercise Q.1 | Q 9.5 | Page 65

Correct the underlined word and rewrite the following sentence.

Bonus shares are offered to existing employees of a company.

Exercise Q.1 | Q 9.6 | Page 65

Correct the underlined word and rewrite the following sentence.

Company enters into an underwriting agreement with the shareholders.

Exercise Q.1 | Q 9.7 | Page 65

Correct the underlined word and rewrite the following sentence.

Letter of Allotment is sent to applicants when no shares are allotted to them.

Exercise Q.1 | Q 9.8 | Page 65

Correct the underlined word and rewrite the following sentence.

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

Exercise Q.1 | Q 9.9 | Page 65

Correct the underlined word and rewrite the following sentence.

Call money cannot exceed 5% of nominal value of shares.

Exercise Q.1 | Q 10.1 | Page 65

Arrange in proper order.

  1. Forfeiture of shares,
  2. Calls on shares.
  3. Allotment of shares.
Exercise Q.1 | Q 10.2 | Page 65

Arrange in proper order.

  1. Share certificate
  2. Allotment letter
  3. Application form
Exercise Q.1 | Q 10.3 | Page 65

Arrange in proper order.

  1. Return of allotment
  2. Application form
  3. Minimum subscription
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Exercise Q.2 [Page 65]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.2 [Page 65]

Exercise Q.2 | Q 1 | Page 65

Explain the following term/concept.

Transmission of shares

Exercise Q.2 | Q 2 | Page 65

Explain the following term/concept.

Bonus shares

Exercise Q.2 | Q 3 | Page 65

Explain the following term/concept.

Allotment of shares

Exercise Q.2 | Q 4 | Page 65

Explain the following term/concept.

Employees Stock Option Scheme

Exercise Q.2 | Q 5 | Page 65

Explain the following term/concept.

Surrender of shares

Exercise Q.2 | Q 6 | Page 65

Explain the following term/concept.

Sweat Equity shares

Exercise Q.2 | Q 7 | Page 65

Explain the following term/concept.

Share certificate

Exercise Q.2 | Q 8 | Page 65

Explain the following term/concept.

Authorised capital

Exercise Q.2 | Q 9 | Page 65

Explain the following term/concept.

Forfeiture of shares

Exercise Q.2 | Q 10 | Page 65

Explain the following term/concept.

Paid-up capital

Exercise Q.2 | Q 11 | Page 65

Explain the following term/concept.

Calls on shares

Exercise Q.2 | Q 12 | Page 65

Explain the following term/concept.

Subscribed capital

Exercise Q.2 | Q 13 | Page 65

Explain the following term/concept.

Minimum subscription

Exercise Q.2 | Q 14 | Page 65

Explain the following term/concept.

Transfer of shares

Exercise Q.2 | Q 15 | Page 65

Explain the following term/concept.

Initial Public Offer

Exercise Q.2 | Q 16 | Page 65

Explain the following term/concept.

Blank transfer

Exercise Q.2 | Q 17 | Page 65

Explain the following term/concept.

Further Public Offer

Exercise Q.2 | Q 18 | Page 65

Explain the following term/concept.

Forged transfer

Exercise Q.2 | Q 19 | Page 65

Explain the following term/concept.

Rights Issue

Exercise Q.2 | Q 20 | Page 65

Explain the following term/concept.

Private placement

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Exercise Q.3 [Page 66]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.3 [Page 66]

Exercise Q.3 | Q 1 | Page 66

Study the following case/situation and express your opinion.

Eva Ltd. Company's capital structure is made up of 1,00,000 Equity shares having face value of ₹ 10 each. The company has offered to the public 40,000 equity shares and out of this, the public has subscribed for 30,000 equity shares. State the following in ₹.

  1. Authorised capital
  2. Subscribed capital
  3. Issued capital
Exercise Q.3 | Q 2 | Page 66

Study the following case/situation and express your opinion.

TRI Ltd. Company is newly incorporated public company and wants to raise capital by selling Equity shares to the public. The Board of Directors are considering various options for this. Advise the Board on the following matters :

  1. What should the company offer - IPO or FPO?
  2. Can the company offer Bonus Shares to raise its capital?
  3. Can the company enter into Underwriting Agreement?
Exercise Q.3 | Q 3 | Page 66

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?
Exercise Q.3 | Q 4 | Page 66

Study the following case/situation and express your opinion.

Red Tubes Ltd. has made a demand on its shareholders to pay the balance unpaid amount of ₹ 20/- per share (having a face value of ₹ 100) held by them. The company has sent letters asking the shareholders to pay the money to its Bankers within the specified time.

  1. Are the shareholders liable to pay ₹ 20 for the shares held by them?
  2. Name the letter sent by the company to its shareholders asking them to pay ₹ 20/-
  3. What happens if a shareholder fails to pay the money within the specified time?
Exercise Q.3 | Q 5 | Page 66

Study the following case/situation and express your opinion.

X owns 100 shares while Y owns 500 shares of Red Tubes Ltd. The company has asked all its shareholders to pay the balance unpaid amount of ₹ 20. X pays the full money demanded by the company. Y, who is in a bad financial position is unable to pay any money.

  1. Can the company forfeit the shares of Y?
  2. Can the company forfeit the shares of X?
  3. Can X transfer his shares?
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Exercise Q.4 [Pages 66 - 67]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.4 [Pages 66 - 67]

Exercise Q.4 | Q 1 | Page 66

Distinguish between the following.

Initial Public Offer and Further Public Offer

Exercise Q.4 | Q 2 | Page 66

Distinguish between the following.

Fixed Price Issue and Book Building

Exercise Q.4 | Q 3 | Page 67

Distinguish between the following.

Rights Shares and Bonus Shares

Exercise Q.4 | Q 4 | Page 67

Distinguish between the following.

Transfer of Shares and Transmission of Shares.

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Exercise Q.5 [Page 67]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.5 [Page 67]

Exercise Q.5 | Q 1 | Page 67

Answer in brief.

What is Book Building Method?

Exercise Q.5 | Q 2 | Page 67

Answer in brief.

State the provisions for Rights Issue.

Exercise Q.5 | Q 3 | Page 67

Answer in brief.

State the provisions related to Bonus Shares.

Exercise Q.5 | Q 4 | Page 67

Answer in brief.

State the general principles/rules for allotment of shares.

Exercise Q.5 | Q 5 | Page 67

Answer in brief.

State the contents of Shares Certificate.

Exercise Q.5 | Q 6 | Page 67

Answer in brief.

What are the effects of forfeiture of shares?

Exercise Q.5 | Q 7 | Page 67

Answer in brief.

When can the Board of Directors refuse the transfer of shares?

Exercise Q.5 | Q 8 | Page 67

Answer in brief.

Explain Employee stock option scheme.

Exercise Q.5 | Q 9 | Page 67

Answer in brief.

What is calls on shares?

Exercise Q.5 | Q 10 | Page 67

Answer in brief.

What is transfer of shares?

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Exercise Q.6 [Page 67]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.6 [Page 67]

Exercise Q.6 | Q 1 | Page 67

Justify the following statement.

Company has to fulfill certain provisions while making Right Issue.

Exercise Q.6 | Q 2 | Page 67

Justify the following statement.

To Issue Bonus Shares, a company has to fulfill certain provisions.

Exercise Q.6 | Q 3 | Page 67

Justify the following statement.

ESOS is offered by a company to its permanent employees, Directors and Officers

Exercise Q.6 | Q 4 | Page 67

Justify the following statement.

Company has to fulfill general principles/rules for allotment of shares.

Exercise Q.6 | Q 5 | Page 67

Justify the following statement.

A company can issue duplicate share certificate.

Exercise Q.6 | Q 6 | Page 67

Justify the following statement.

Board of Directors have the authority to forfeit shares.

Exercise Q.6 | Q 7 | Page 67

Justify the following statement.

A member of a Public company can transfer shares.

Exercise Q.6 | Q 8 | Page 67

Justify the following statement.

The Board of Directors can refuse transfer of shares.

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Exercise Q.7 [Page 67]

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board Chapter 3 Issue of Shares Exercise Q.7 [Page 67]

Exercise Q.7 | Q 1 | Page 67

Answer the following question.

Explain the classification of share capital.

Exercise Q.7 | Q 2 | Page 67

Answer the following question.

Explain the two methods a company can use to make its public offer of shares.

Exercise Q.7 | Q 3 | Page 67

Answer the following question.

Explain briefly the different types of shares offered by a company to its existing equity shareholders.

Exercise Q.7 | Q 4 | Page 67

Answer the following question.

Explain the statutory provisions for allotment of shares.

Exercise Q.7 | Q 5 | Page 67

Answer the following question.

Explain briefly the procedure for allotment of shares.

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Chapter 3: Issue of Shares

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Secretarial Practice 12th Standard HSC Maharashtra State Board - Shaalaa.com

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 3 - Issue of Shares

Balbharati solutions for Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 3 (Issue of Shares) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board Secretarial Practice 12th Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. Balbharati textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Secretarial Practice 12th Standard HSC Maharashtra State Board chapter 3 Issue of Shares are Classification of Share Capital, Issue of Shares, Methods of Issue of Shares, Allotment of Shares, Share Certificate, Calls on Shares, Forfeiture of Shares, Surrender of Shares, Transfer of Shares, Transmission of Shares.

Using Balbharati 12th Board Exam solutions Issue of Shares exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in Balbharati Solutions are important questions that can be asked in the final exam. Maximum students of Maharashtra State Board 12th Board Exam prefer Balbharati Textbook Solutions to score more in exam.

Get the free view of chapter 3 Issue of Shares 12th Board Exam extra questions for Secretarial Practice 12th Standard HSC Maharashtra State Board and can use Shaalaa.com to keep it handy for your exam preparation

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