Common seal can be made from local stamp manufacturer ?
This query is : Resolved
CA Abhishek Singh
(Querist)
06 July 2012
Hello everyone,
1. Is it necessary for a pvt ltd company to make a common seal ? I am making the share certificate of the company .
2. Can we make normal round stamp from a local manufacturer, same as we make round stamp of practicing CAS (cost will be around 100-150 rupees ?
1. Is it necessary for a pvt ltd company to make a common seal ? I am making the share certificate of the company .
2. Can we make normal round stamp from a local manufacturer, same as we make round stamp of practicing CAS (cost will be around 100-150 rupees ?
06 July 2012
Dear Friend, Common Seal is the signature of the company and generally adopted at the first board meeting. To give legal effect of any document you have to affix common seal of the company according to your Articles of Association. Thus it is necessary to have a common seal for your company. Share Certificate should also carry common seal of your company with signatures of your directors. Thanks
06 July 2012
1. Common seal is necessary.
2. No. Common seal should be made of metal and capable of being manually operated. Ref:- Secretarial Standard -8 of ICSI.
2. No. Common seal should be made of metal and capable of being manually operated. Ref:- Secretarial Standard -8 of ICSI.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
