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Overissue
OVERISSUE

Definition: An issue of notes, shares, bonds, etc. in excess of the authorized amount or available capital.
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* All six elements would be in.


1. Not consciously planned and thereafter deliberately done.

2. A misappropriation, embezzlement, etc. won't occur therein.

3. Whoever made mistake or authorized action will be sanctioned.

4. Desire and attempt to withdraw, mop up, etc. shall be made after.

5. Organization, or issuer, will suffer a loss as a direct consequence.

6. (Reserved.) (Reform or review of processes will arise as outcome.)
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See perfect EXCHANGE CONTROL.

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