Question

State the meaning of return as to allotment in company law

Answer 1

Issued shares is a term of law and finance for the number of shares of a corporation which have been allocated (allotted) and are subsequently held by shareholders.[1][2] The act of creating new issued shares is called issuance, allocation or allotment. Allotment is simply the creation of shares and their transfer to a subscriber. After allotment, a subscriber becomes a shareholder, though usually that also requires formal entry in the share registry.[3]

Answer 2

To 'allot' shares in a private company limited by shares simply means to increase the share capital in a company by issuing new shares after incorporation. The 'Return of allotment of shares' is the form you are required to complete and deliver to Companies House within one month of any allotment.