The number and nominal amount of shares allotted must be stated in……

Related MCQs

• When a large block of shares has been allotted to a single person, the company may at his request, divide the original allotment letter into a number of small allotment letters. This is called
• The nominal value of the qualification shares of a director must not exceed.
• Many public companies provide in their articles for an allottee to give up the right over the shares allotted to him either wholly or partly and transfer the allotment made to him to some other person. This is known as…..
• The statement in lieu of prospectus must be filed with the registrar at least ………before any allotment of shares is made.
• The minimum number of members that must be present at a valid meeting is called………
• The document which invites the public for subscribing capital in the form of shares and debenture is called.
• A promoter of a company stands in the position of …….to future allottees of shares.
• The office of the director becomes vacant if he fails to obtain his qualification shares within …………..months.
• The Companies (Amendment) Act 1988 provide that the companies should furnish along with the application form for shares or debentures, an………….instead of complete prospectus.
• Table………….. is for memorandum of association of a company limited by shares.