Share certificates
Querist : Anonymous
We have incorporated an IT Co. (Pvt. Ltd.)
and now we want to issue shares to the subscribers.
my query is, what is the general practice of professional CA, CS in this respect?
do we need to get printed share certificate book (name of Co., regd address, and all matters etc.)and then issue shares filling up details like name, no. of shares etc. with pen and then issue or we shall print entire share certificate at the time of issue and no need of share certificate book.?
i have seen people print share certificates on card sheets as per requirements in their offices, so what is correct method?
in our Co. there are only 2 Directors, so to whom we can appoint authorised signatory? or only 2 signs are sufficient?
kindly help in this regards.
thanks in advance
ya now a days some professionals are doing what you say i.e.just to get the printout when they needed but as per my opinion,
There will b risk factor in that,, so better to have printed Share Certificate Book.
.
Querist : Anonymous
So we need to get printed share certificate book (name of Co., regd. address, and all matters etc.)and then issue shares filling up details like name, no. of shares etc. with pen and then issue, is it correct?
and in our Co. there are only 2 Directors, so to whom we can appoint authorised signatory?? or only 2 signs are sufficient? and then who will countersign?
Ya you are correct. fill up all the correct data in the share Certificate and also in its counter folio with pen,,,
In the signatory, it will b suffice if u get it signed by two directors and also put Company's Common Seal on the Certificate.
Querist : Anonymous
Click here to login now
Similar Resolved Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Banking Related Issue
- Taxability of credit in canara bank ET & T section (NRO)
- ITR-Capital Gain
- TAX AUDIT QUESTION
- Reporting in TDS return
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
