Issue of share certificates

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shabina hasan (Querist)
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04 March 2015 Dear Professional ,
i have a little query that when a pvt ltd company converts into public ltd do the share certificates issued earlier conversion need to change its name.Kindly throw some light in terms of Companies Act,1956.

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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04 March 2015 Yes

Prepare sticker of new name & send to the shareholder so that they can paste the same over the old name.

or alternatively pass board resolution to re-issue the share certificate.

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shabina hasan

shabina hasan (Querist)
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04 March 2015 thanks for prompt reply