1. LETTER OF ALLOTMENT
ALLOTMENT RECEIPT
ALLOTMENT SLIP
NOTE: -
ALLOTMENT SLIP
NOTE: -
This letter informs a share applicant about allotment of shares. Intimation about allotment money due from allottee is also given in this letter. Allotment Receipt with perforation is attached with this letter.
This letter contains the following information
i) Reference number of share application and the number of shares applied for.
ii) Number of shares allotted
iii) Amount payable on allotment
iv) The due date for the payment of allotment money
v) Place of payment
vi) Interest to be charged on allotment money received after the due date
vii) Consequences of non payment of allotment money
viii) The letter of allotment is duly dated, stamped. and signed by proper authority.
Letter of allotment has to be preserved by the allottee as the share certificate is issued by the company in exchange of this letter.
Do you need to draw the allotment slip as well??
ReplyDeleteYes You Have To
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DeleteIs it necessary to draft allotment slip as well??? If not drawn do we reduce our marks??
ReplyDeleteYes. It carry marks it will reduce our marks
DeleteHow Much Marks Is In This Letter
ReplyDeletewhen the applicant directly deposit the money in account then how to pay the stamp duty
ReplyDeleteSo in the allotment slip I have wrote seal of company? How much marks would be reduced
ReplyDeleteWhen payment is made under section 39 of companies Act along with application for allotment, then does the company first provide with letter of allotment and then on returning it it provides share certificate?
ReplyDelete