Issue of Share Certificare

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This query is : Resolved

Deepali Tandon (Querist)

21 November 2008 Hi friends!

can you pls. let me know that when a pvt. ltd company issues share certificates to its members and there are only 2 directors then who can be the Authorised Signatory for signing the Share Certificate?

With Regards
Deepali Tandon
ACS

Taxguy

Taxguy (Expert)

21 November 2008 Both can signthe Share certificate.

Deepali Tandon

Deepali Tandon (Querist)

24 November 2008 share certificate must be signed by 2 directors and a Authorised Signatory. Now can u tell me who will be the AS

S Kedarnath

S Kedarnath (Expert)

27 November 2008 Share certificates are required to be issued within a period of three months after the allotment of shares. In case of subscribers to the MOA the share certificates may be issued within three months of the date of incorporation since subscribers automaticaly become members as on the date of incorporation.

Every share certificate issued shall be issued and signed as provided under the Companies (Issue of Share Certificates) Rules 1960.

Deepali Tandon

Deepali Tandon (Querist)

29 November 2008 Agreed..... I know this that share certificates must be as per companies (Issue of Share Certificates) Rules 1960. But my query is related to these rules only. These Rules says that S.C shall be signed by 2 directors & Authorised Signatory.....so when there are only 2 directors in a company.... who will sign as AS.......