Difference between shares issued and shares alloted
Video Details
Corporate and Other Laws
Prospectus and Allotment of Securities
27. S.39 Allotment of securities - II
Veerendra Kesireddy
CA Inter
★ 4K+
24-Apr-24 11:45
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Answers (2)
Share issue mean offer of securities to investors.
Accordingly investors apply and based on the subscription received, company transfers the ownership of the securities to such investors and enters the name in the register which is called allotment.