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SHWETA SHARMA (Querist)
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04 July 2012 there is a pvt. co. incorporated on 30 april, 2009. after that the company has increased its share capital on which the required stamp duty has been paid. the co. has issued new shares but the share certificates has not been issued to the shareholders. what is the stamp duty provisions relating to share certificates?

Ajay Mishra

Ajay Mishra (Expert)
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04 July 2012 Hi

As per section 113 of the Companies Act, 1956 the share certificate should be issued with in 3 month from the date of allotment of shares.

The stamp duty will be applicable as you earlier paid on share certificate.