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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