{"id":63624,"date":"2024-02-09T13:52:07","date_gmt":"2024-02-09T08:22:07","guid":{"rendered":"https:\/\/www.aplustopper.com\/?p=63624"},"modified":"2024-02-09T16:34:18","modified_gmt":"2024-02-09T11:04:18","slug":"allotment-letter","status":"publish","type":"post","link":"https:\/\/www.aplustopper.com\/allotment-letter\/","title":{"rendered":"Allotment Letter | Format, Sample and How To Write an Allotment Letter?"},"content":{"rendered":"
Allotment Letter:<\/strong> It is a letter that confirms the number of shares allotted to an individual for a new issue of shares or an existing stockholder following the rights issue. It is presented as a temporary certificate of share ownership on receipt of share payment. The shareholder may renounce it to another shareholder or sell his\/her rights. It is renounceable up to a particular date. If accepted by the shareholder then it becomes evidence of the shareholding.\u00a0<\/span><\/p>\n The allotment letter may be traded on the stock exchange like the security. A shareholder can know about his\/her allotment of shares through this letter. This letter also intimates about the due of allotment money from the shareholder. After receiving the letter of allotment, an individual must sign it and return a copy of it to the corporation registrar. Read the article below to know more about writing an Allotment Letter,Room Allotment Letter Format, Request Letter For Land Allotment, Land Allotment Request Letter Format, Allotment Letter Format For Plot.<\/p>\n