Time limit of share allotment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2016
Dear All
Please let me know after receiving of share application money within how many days the company has to allot the share,
Regards
Arjun kumar
Please let me know after receiving of share application money within how many days the company has to allot the share,
Regards
Arjun kumar
07 November 2016
allotment shall be made within 60 days of receipt of application money
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2016
Sir
Pls clarify will share application money contain the date of receipt by company,
Also clarify if company fails to allot the share in this scenario weather company can allot the share even after 2 month if yes any intetest/penalty will be levied on this allotment or not
Pls clarify will share application money contain the date of receipt by company,
Also clarify if company fails to allot the share in this scenario weather company can allot the share even after 2 month if yes any intetest/penalty will be levied on this allotment or not
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