company seal

This query is : Resolved

devang doshi (Querist)
Follow

02 March 2010 sir,
kindly help me on following matter:
what is the use of company seal?
seal means seal made of metals & is of such that it can mark a impression of company name of paper without ink.

it is such that make paper so to emerge a name of company name.

when is it require when a company has rubber stamp? what is its requirement

Ankur Garg

Ankur Garg (Expert)
Follow

02 March 2010 Common seal is a statutory seal and can not be compared with rubber stamp.

Common seal should be used as per the provisions of the articles. Board resolution is required for the adoption of Common seal.

One the document on which Common seal affixed is share certificare.

Regards

Rasesh

Rasesh (Expert)
Follow

02 March 2010 In absolute layman terms: Common Seal is made of metal and gets the name of the company embossed or engraved on the document on which it is affixed.

A rubber stamp is not a substitute to common seal. The seal is the official signature of the company and its use is restricted by the AOA of the Company. AOA of most companies would provide that the common seal should be affixed in presence of a director + one authorised signatory or at the instructions of the Board of Directors only.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA K GIRIDHAR

shubham agrawal

T E SOUNDARARAJAN

Krishnan V

Sivanath VV

Subscribe Now

company seal

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANCY

Manager- Finance and Compliance

Senior Executive

CA Final

GST CONSULTANT