Issue of share certificate
This query is : Resolved
05 August 2015
Dear Sir/Ma'am, Plz help me on this...
A Private Co lost the Share Certificates at the time of shifting registered office, so it's mandate that we should give a Police complaint for farther issue of duplicate share certificate. kindly explain procedure for issue of duplicate share certificate..
A Private Co lost the Share Certificates at the time of shifting registered office, so it's mandate that we should give a Police complaint for farther issue of duplicate share certificate. kindly explain procedure for issue of duplicate share certificate..
07 August 2015
Mr. Ramesh,
Company is not the custodian of Share Certificate. Once Share certificate issue they will be in the custody of Shareholder. So your justification is not correct.
But if you will say share certificate lost by the Shareholder. Then if you want to issue new share certificate you can do without FIR in police station.,
PROCESS FOR ISSUE OF DUPLICATE SHARE CERTIFICATES:
i. Shareholder will inform the Company about lost of Share Certificate.
ii. Company can ask for followings :
Payment of fees of Rs. 50/- per share
Supporting Evidence
Indemnity Bond
Payment of out of pocket expenses incurred by the company in investigation the evidence produced.
iii. Share Certificate shall state prominently on the face of it and be recorded in the Register maintained for the purpose that it is “DUPLICATE ISSUED IN LIEU OF SHARE CERTIFICATE NO……:”
iv. The word “DUPLICATE” shall be stamped or printed prominently on the face of the Share Certificate.
Company is not the custodian of Share Certificate. Once Share certificate issue they will be in the custody of Shareholder. So your justification is not correct.
But if you will say share certificate lost by the Shareholder. Then if you want to issue new share certificate you can do without FIR in police station.,
PROCESS FOR ISSUE OF DUPLICATE SHARE CERTIFICATES:
i. Shareholder will inform the Company about lost of Share Certificate.
ii. Company can ask for followings :
Payment of fees of Rs. 50/- per share
Supporting Evidence
Indemnity Bond
Payment of out of pocket expenses incurred by the company in investigation the evidence produced.
iii. Share Certificate shall state prominently on the face of it and be recorded in the Register maintained for the purpose that it is “DUPLICATE ISSUED IN LIEU OF SHARE CERTIFICATE NO……:”
iv. The word “DUPLICATE” shall be stamped or printed prominently on the face of the Share Certificate.
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
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- Tax liability on income of freelancer
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
