Hi all,

can anybody tell me the procedure for issuing duplicate share certificate of a private limited company?????????

Hi

My father passed away over 20 years ago and he had purchased shares with him listed as the primary holder and my mother listed as the secondary holder. 

I have been trying to have all shares in my mother's sole name (deletion of name), however we do not have all share certificates.  I am aware that the normal process would be to obtain a FIR report, however we live in the UK and this is not feasible for us.

I have been informed I can instruct a lawyer to obtain a court order to enable the company to issue duplicate share certificates.  

a)  What procedure would the lawyer need to follow and how long should it take?

b)  is there a law society or body that can refer lawyers that are able to provide this service?

Thank you for your help and I look forward to your response.

Kind regards

Sidrah

Originally posted by : CS Iti Goyal
	Hi all, can anybody tell me the procedure for issuing duplicate share certificate of a private limited company?????????

For duplicate share certificate following documents are to be obtained:

1. Request letter;

2. Copy of FIR;

3. Copy of public notice;

4. Affidavit and Indemnity Bond;
 

on receipt of all the requried documents the company shall issue duplicate share certificate and record the same in its books. Duplicate share certificates are to be issued by previous approval of Board.

Originally posted by : Sidrah
	Hi My father passed away over 20 years ago and he had purchased shares with him listed as the primary holder and my mother listed as the secondary holder.  I have been trying to have all shares in my mother's sole name (deletion of name), however we do not have all share certificates.  I am aware that the normal process would be to obtain a FIR report, however we live in the UK and this is not feasible for us. I have been informed I can instruct a lawyer to obtain a court order to enable the company to issue duplicate share certificates.   a)  What procedure would the lawyer need to follow and how long should it take? b)  is there a law society or body that can refer lawyers that are able to provide this service? Thank you for your help and I look forward to your response. Kind regards Sidrah

If the original shareholder has died, it will be the case of Duplicate cum transmission of shares.

Documents Required:

1. Request Letter

2. Affidavit and Indemnity Bond for transmission as legal heir

3. Death Certificate

On the basis of above documents the shares would be transmitted and new certificate will be issued by the Company.

This process may be done by the authorised person in India but the documents are to be signed by the person in whose name share are to be transmitted.

Mr. A invested Rs.15,000/- in cash for purchase of equity shares of a private limited company 4 years ago. Equity Shares were allotted in his name and Form No. 2 was filed by the company with MCA. No share certificate received by Mr. A from the company. He does not have any receipt or proof of cash payment to the company except copy of Form No.2 filed by the company with his name as one of the allottee. Directors are not handing over share certificate to Mr. A for the reasons best known to them.

What action Mr. A should take against the company and directors in this situation? What are the penal provisions against the company and defaulting directors. Please advise.

Thanks

Dear Sir,

Thanks for the info above. I have a doubt. Could anyone plz clarify it asap.

I have a private Limited Company and we have issues 2 certificates to the subscriber. The Subscribers have lost the share and I have to issue a duplicate certiifcate againt it . Will the duplicate share certificate bear the number 3 or it will just mention in lieu of certificate 1. 

Regards

I have lost my Share Certificate of a Company. But I want to issue a duplicate share certificate at a new address. What is the procedure ? Please inform.

first issue dupliacte share certificates and then proceed for transfer.

This was really helpful. Would you kindly let me know under what law this provision is give.