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Allotemnt of Shares- Time Limit

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(Querist)
31 July 2010 In what time the shares shall be allotted from the date of application and in what time the share certificates have to issued after allotment
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Jagruti (CS)

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Jagruti (CS) (Expert)
31 July 2010 For allotment there is no time limit.

But for share certificate need to be issued within 3 months from the date of allotment for unlisted companies.

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