(i) Transfer of shares is compulsory to transfer of shares to the legal heir of the deceased member.

Monjur Alahi

Correct the underlined word and rewrite the following sentences.

(i) Transfer of shares is compulsory to transfer of shares to the legal heir of the deceased member.

(ii) Surrender of Shares means cancellation of shares by the company.

(iii) Right Issue means shares given to existing shareholders free of cost.

(iv) Part of the profit given to its shareholder is called Interest.


0 like 0 dislike
1 views
Share with your friends

1 Answers

Salim Ahmed Kawsar

Call

(i) Transmission of shares is compulsory to transfer of shares to the legal heir of the deceased member.

(ii) Forfeiture of Shares means cancellation of shares by the company.

(iii) Bonus Issue means shares given to existing shareholders free of cost.

(iv) Part of the profit given to its shareholder is called a Dividend.

0 like 0 dislike
1 views
Talk Doctor Online in Bissoy App
i. Subscribing to Memorandum, Forfeiture of Shares, Application, and allotment of shares. ii. Death or insolvency of member, Application

i. Forfeiture of shares ii. Application and Allotment of shares

2 Answers 1 views
i. A Minor can be a member of a company. ii. Partnership Firm can be a member of the company.

i. A Guardian/Mai or person can be a member of a company. ii. The Partnership firm cannot be a member of a company.

2 Answers 1 views
The nominee of the member of OPC becomes its member on the death of the member.

In an acquisition of membership, there are different ways to become a member of the company. In the case of One Person Company, the name of the nominee is given beforehand...

2 Answers 1 views
Distinguish between: Legal Tender Money and Non-Legal tender Money.

Legal Tender Money Non-Legal Tender Money (i) Legal Tender Money is the money that is backed by law and refusal to accept will be punishable by law. (i) Non-legal tender money is the...

2 Answers 1 views
Preparation of partnership agreement is -  (A) Compulsory  (B) Voluntary  (C) Partly Compulsory  (D) None of these

Correct option is: (B) Voluntary

2 Answers 1 views
Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A shares and 20 type B shares, then the difference between their f

Correct Answer - Rs.50

2 Answers 1 views
__________ is the part of the overall legal system that deals with the Internet, cyberspace, and their respective legal issues.

Correct Answer is  Cyberlaw

2 Answers 2 views
__________ is the part of the overall legal system that deals with the Internet, cyberspace, and their respective legal issues. 

(A) Cyber Law

2 Answers 2 views
Who of the following are not eligible to receive free legal aid from Legal Services Authority?

A) Persons of above one lakh annual income

2 Answers 1 views
The member of District Legal Service Authority are nominated by 

D) State Government

2 Answers 1 views
X