From below, point out which of the following is not a requirement or condition needs to be complied with to make allotment of shares effective__________

Related MCQs

• Every company making an allotment of shares or debentures is obliged to the allottee a certificate of shares within____________
• Which of the following can be used for buy back of shares
• No company limited by shares shall issue any preference share which is redeemable or irredeemable after the expiry of a period of____________
• Maximum rate of discount that can be allowed on issue of shares
• The company must deliver share certificate within______ if the shares applied for transfer.
• Transfer of shares in the case of public company is
• The liability of members if company is limited by shares
• _______ % of shares should be held by a company in another company so as to become subsidiary
• ____ are the shares issued by the company to it employees or directors for consideration other than cash
• ________ resolution should be passed by the company to offer shares to outsiders