SPCC 1 Marks Each

Directors and Employees having experties can be alloted sweat shares.

The letter of Renunciation of a shareholder authorises other person to become a Member.

The foreign members membership is suspended in case of war with his native country.

In Hindu Undivided Family “Kart&’ can acquire shares on behalf of HUE

Company membership agreement is between Individual/person and Compnay.

The names of approved shareholder’s are entered in the Members Register.

For the transmission of share person has to produce I present an authority letter to the company.

Written consent and name of person in Members register is essential element to be a Member.

Redeemable preference shares issued by company can be redeemed.

Directors of company, in consultation with representative of the share market decide the allotment policy for shares.