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Question
Share Certificate must be issued within ______ months from the date of allotment of shares.
Share Certificate must be issued within ______ months from the date of allotment of shares.
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Solution
The correct option is B two
A share certificate is a document issued by a company which sell its shares in the market. This certificate evidences that a person named in such certificate is the owner of the shares that are stated in it. It is issued within two months from the date of incorporation of the company. However, when the additional share is allotted to the new or existing shareholder the certificate is to be issued within two months from the date of allotment.Thus, the correct answer is A.
A share certificate is a document issued by a company which sell its shares in the market. This certificate evidences that a person named in such certificate is the owner of the shares that are stated in it. It is issued within two months from the date of incorporation of the company. However, when the additional share is allotted to the new or existing shareholder the certificate is to be issued within two months from the date of allotment.
Thus, the correct answer is A.
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