28 September 2015
as per act a Board meeting can be held anywhere in the world, it means we can issue share certificates also at any place wherever the Board meeting is held( requirement of common seal being made optional) and also get the financial statements signed at a place outside India if majority of Directors are Foreigners?
The share certificates are PRESUMED to have been issued from the place of registered address of the company, although as you have rightly put it the same may be physically issued from any place of the world.
CAclubindia
