DIGITAL SIGNATURE IN TAMBARAM - PowerPoint PPT Presentation
Title:
DIGITAL SIGNATURE IN TAMBARAM
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Board Meeting & Allotment Of Shares A board meeting is called for deciding about allotment of shares. The board of directors assigns a committee of directors known as allotment committee. The allotment committee would then decide about allotment of shares. Once allotment committee provides its report with respect to allotment of shares, the Board then approves such report and then passes the resolution for allotting shares to the respective applicants. Once shares are allotted by the allotment committee, the company secretary sends the letters of allotment to the respective members. The allotment letter refers to a letter that notifies the applicant that the company has allotted a certain number of shares to him. This letter of allotment is considered as the share certificate till issuance of the final certificate. – PowerPoint PPT presentation
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Title: DIGITAL SIGNATURE IN TAMBARAM
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