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

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Multiple Choice Questions

In the case of subscribers to the memorandum company need to deliver certificates of the securities ...........

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

    3 Months from the date of incorporation

    Incorrect Answer

    3 Months from the date of commencement

    Incorrect Answer

    2 months from the date of incorporation

    Correct Answer

    2 Months from the date of commencement

    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 within 2 months from the date of Incorporation in case of securities allotted to subscribers of memorandum.

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