share certificates

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Parashar (Querist)
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13 September 2010 Hi all

In a private company there were only two directors one of which has resigned from the Board and is now denying to sign the share certificates of the shres which were issued at the time of his directorship tenure. which OPTIONS are available with the company to issue such share certificates

Jagruti (CS)

Jagruti (CS) (Expert)
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13 September 2010 One option is to issue duplicate certificate in lieu of old one, showing original was lost, so exisitng director can sign the certificates.

Else, if Company is very old you can issue duplicate stating that the place for transfer being filled or certificate being mutilated, company is issing new shares

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