Plain paper applications: shareholders may apply with payment but cannot renounce rights; duplicate applications risk rejection. Shareholders not in receipt of a form may apply on plain paper with the requisite application money; SCSBs will accept such applications only if all ... Summary
Plain paper applications: shareholders may apply with payment but cannot renounce rights; duplicate applications risk rejection.
Shareholders not in receipt of a form may apply on plain paper with the requisite application money; SCSBs will accept such applications only if all required details are specified. Plain paper applicants are not entitled to renounce rights and cannot use the plain paper for renunciation later. Submitting both a formal application and a plain paper application renders both applications liable to rejection.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.