When
the share issue is oversubscribed, shares may not be allotted to all share
applicants. The applicants to whom shares are not allotted are informed about
rejection of their share applications through this letter. Refund order is
sent in order to return share application money. The letter of allotment and
the letter of regret are issued simultaneously. The regret letter need not be
preserved.
Letter
of Regret
Refund order
