What does the allotment of shares mean?

Written by Dr. Adv. Leigh Hefer & Jayne Hunter-Rhys. COMPANY SECRETARY’S HANDBOOK (2021). Published by Genesis Corporate Services. Allotment is the process in which people become members of a company. Once the subscribers agree to take shares on incorporation, these shares are regarded as allotted. Later, more people may become members of the company and be […]