A Private Limited company was incorporated in the year 2009 with two share holders. During the 1st Board Meeting, shares were allotted to them.
Now the share are damaged due to leech and would need to issue fresh certificates. My questions are:
1) What we have to do in order to issue new fresh share certificates ?
2) As per companies Act, 1956 what are the other things to be done ?
Pass board resolution for the same. Main register under Rule 7B.
Kindly find attached the provision in relation to the same.
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