Multiple Choice Questions on In case of allotment of shares company need to deliver certificates of the securities allotted withi........... for SEBI Grade A ( Officer) Exam Preparation

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Multiple Choice Questions

In case of allotment of shares company need to deliver certificates of the securities allotted withi...........

Companies Act-Phase (I & II) Share capital and debentures
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    In case of allotment of shares, company need to deliver certificates of the securities allotted within a period of- 

    2 months from the date of allotment

    Correct Answer

    2 months from the date of application

    Incorrect Answer

    3 months from the date of application

    Incorrect Answer

    3 months from the date of allotment

    Incorrect Answer
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    Explanation:

    Every company shall unless prohibited by any court, law or tribunal should deliver the certificates of securities allotted 2 months from the date of allotment in case of allotment of any of its securities.

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