Question

state duties of a company
secretary regarding share
allotment ( answer in detail )​

Answer 1

Answer:

Statutory Duties of Company Secretary

To sign documents and proceedings requiring authentication by the company.

To deliver registration and return of allotment to the Registrar.

To give notice to registrar for increase in the share capital.

To deliver share certificate of allotment on within 2 months after transfer.

Answer 2

Answer:

A company in its Articles of Association provides the procedure of allotment, transfer and transmission of shares. Table A provides a model procedure. The Company Secretary, who is conversant with the procedure, helps the Board of Directors in the process of allotment, transfer and transmission of shares.