M s ABC Ltd made an allotment at 1st January 2016 Company desires to issue share certificate of that...........

Companies Act-Phase (I & II) Share capital and debentures

M/s ABC Ltd. made an allotment at 1st January, 2016. Company desires to issue share certificate of that allotment after 6 months. Whether company can do?

Yes

Partly True

Partly False

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Explanation:

Section 46 of the companies Act, 2013 read with Rule 5, 6 & 7 of the Companies (Share Capital & Debentures) Rules, 2014, Share certificates are to be issued by a company within Two months after allotment.

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