Practicing Success
The names and addresses of shareholders and the number of shares allotted to each is submitted to the Registrar in a statement called....................... |
Return of qualification Return of allotment Return of shareholders Return of company |
Return of allotment |
The correct answer is option 2- Return of allotment. Certain professionals such as mercantile bankers, auditors etc., are appointed by the promoters to assist them in the preparation of necessary documents which are required to be with the Registrar of Companies. The names and addresses of shareholders and the number of shares allotted to each is submitted to the Registrar in a statement called return of allotment. |