Practicing Success
Practicing Success
CUET Preparation Today
| Which letter is sent to the people to whom shares are allotted by the company? |
Letter of prospectus Letter of allotment Letter of regret Letter of money |
| Letter of allotment |
| If minimum subscription has been received, the company may proceed for the allotment of shares after fulfilling certain other legal formalities. Letters of allotment are sent to those whom the shares have been alloted, and letters of regret to those to whom no allotment has been made. |
