Regret Letter. When shares are not allotted by the company to shares applicant are informed about rejection of their share applications. The regret letter need not be preserved.
Letter – Regret Letter
Category: HSC Board Question and Answer
HSC Question and Answer
Letter – Refund Order
Refund Order. When shares are not allotted to the share applicants. Refund order send to applicant along with regret letter.
Allotment Receipt and Allotment Slip
Allotment Receipt & Allotment Slip. Receipt of allotment of Shares. Allotment Slip (Forwarded to Company)
Letter – Allotment of Shares
Allotment of Shares – Letter Letter of allotment has to be preserved by the allottee as the share certificate is issued by the company in exchange of this letter. Letter of Allotment.
Types of Partners.
Following are the various types of partners: i. Active Partners: Partners who take active part in the conduct of day‐to‐day transactions of the firm are called Active Partners. These partners perform the business activities on behalf of other partners. ii. […]
Meaning and Definition of Partnership.
Meaning: Partnership is an association of two or more persons who agree to combine their financial resources and managerial abilities to operate a business and share Profits and Losses in an agreed ratio. Definition: Partnership as per the Indian Partnership […]
Explain Micro economics is known as income theory?
Explanation [Micro economics is known as Price theory]: The subject matter of micro economics includes the theory of product and factor pricing. The theory of product pricing explains how the prices of different commodities such as cloth, wheat, rice, sugar, etc. are determined. The theory of […]