Duplicate of shares
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2010
Is it required to publish a advertisement in newspaper regarding loss of share certificates before issuing duplicate shares in case of shares having less than market value Rs. 10,000.
If so, please also refer to respective guidelines/clauses.
If so, please also refer to respective guidelines/clauses.
Ankur Garg
(Expert)
26 August 2010
Yes it is very much advisable to publish a advertisement in newspaper regarding loss of share certificates before issuing duplicate shares irrespective of the value of shares.
However you may skip the route for a small company.
Regards
However you may skip the route for a small company.
Regards
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