Question

______ proof of title to shares.

(Share Certificate, Letter of Allotment, Register of Members)​

Answer 1

Answer:

share certificate is your answer

Answer 2

Answer:

Share Certificate

Explanation:

Share Certificate is the proof of title to shares.

• Share certificate is written document or proof of ownership of shares.
• it is a legal document that act as a basis for specific number and class of shares purchased which is provided on behalf of company
• shareholders i.e.. the owner of the company can hold a share certificate.
• It indicates that a particular shareholder is the owner of the that class of shares he/she have purchased.

• Letter of allotment means a proof that a person has subscribed and purchased a certain number of shares against cash of a respective company.
• Register of members contains all details of shareholders mane, shares purchased, kind of shares, class of shares, allotment date, share purchased date.
• It acts as an record or proof in case of emergency.

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