Explain the general conditions of allotment of shares.
Answers
Answered by
1
The allotment of shares is the issuing of new shares to the existing shareholders or to third parties. The Directors of a Company may allotshares in the capital of the Company, if they have the authority to do so. Some examples where allotment of sharesmay be used are as follows: To raise money for the Company.
Answered by
1
The allotment of shares is the issuing of new shares to the existing shareholders or to third parties. The Directors of a Company may allotshares in the capital of the Company, if they have the authority to do so. Some examples where allotment of sharesmay be used are as follows: To raise money for the Company.
Similar questions