Format of allotment letter in a newly incorporated company

921 views 4 replies

Hi. I'm going to be allotting share certificates for the first time in a newly incorporated company. If someone can provide a format of an allotment letter which are to be issued prior to the issuance of share certificates, that will be great. Thanks.

 

 

Regards

 

Ravishankar

Replies (4)
instead of letter pass BR for allotment of shares

I have passed a BR already. Is that alone sufficient?

yea its sufficient

5. (1) Where a company issues any share capital, no certificate of any share or shares held in the company shall be issued, except—

(a) in pursuance of a resolution passed by the Board; and

(b) on surrender to the company of the letter of allotment or fractional coupons of requisite value, save in cases of issues against letters of acceptance or of renunciation, or in cases of issue of bonus shares:

So both BR and allotment letter are required, if I'm not wrong, since clause (a) and (b) are joined by "and" and not "or".

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details