Correct the underlined words/and rewrite the following sentences.1. Is

1.	Correct the underlined words/and rewrite the following sentences.1. Issued capital is the maximum capital that a company can raise by issuing shares.2. Under the Fixed-Price issue method, the price of shares is fixed through a bidding process.3. FPO refers to offering shares to the public for the first time.4. Only Fully paid up shares can be forfeited.5. Bonus shares are offered to existing employees of a company.6. The company enters into an underwriting agreement with the shareholders.7. Letter of Allotment is sent to applicants when no shares are allotted to them.8. IPO refers to the offering of shares to the public for the second time.9. A duplicate share certificate must be issued within one month from the date of application.10. Call money can not exceed 5% of the nominal value of shares.
Answer» 1. Authorized capital is the maximum capital that a company can raise by issuing shares. 2. Under Book Building Method the price of shares is fixed through a bidding process. 3. IPO refers to the offering of shares to the public for the first time. 4. Only Partly paid-up shares can be forfeited. 5. Bonus shares are offered to existing shareholders of a company. 6. The company enters into an underwriting agreement with the underwriters. 7. Letter of Regret is sent to applicants when no shares are allotted to them. 8. FPO refers to offering shares to the public for the second time. 9. A duplicate share certificate must be issued within three months from the date of application. 10 Call money can not exceed 25% of the nominal value of shares.

Correct the underlined words/and rewrite the following sentences.1. Issued capital is the maximum capital that a company can raise by issuing shares.2. Under the Fixed-Price issue method, the price of shares is fixed through a bidding process.3. FPO refers to offering shares to the public for the first time.4. Only Fully paid up shares can be forfeited.5. Bonus shares are offered to existing employees of a company.6. The company enters into an underwriting agreement with the shareholders.7. Letter of Allotment is sent to applicants when no shares are allotted to them.8. IPO refers to the offering of shares to the public for the second time.9. A duplicate share certificate must be issued within one month from the date of application.10. Call money can not exceed 5% of the nominal value of shares.

Answer»

1. Authorized capital is the maximum capital that a company can raise by issuing shares.

2. Under Book Building Method the price of shares is fixed through a bidding process.

3. IPO refers to the offering of shares to the public for the first time.

4. Only Partly paid-up shares can be forfeited.

5. Bonus shares are offered to existing shareholders of a company.

6. The company enters into an underwriting agreement with the underwriters.

7. Letter of Regret is sent to applicants when no shares are allotted to them.

8. FPO refers to offering shares to the public for the second time.

9. A duplicate share certificate must be issued within three months from the date of application.

10 Call money can not exceed 25% of the nominal value of shares.

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment