Share certificates

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 September 2010 Dear All,

1.If one share certificate is splitted in to 3 share certificates, is it compulsory to get those share certificates to be get it stamped.
2.Is it compulsory that the stamp should be affixed on the face of the share certificates
3.If the share certificates has been issued in 2005 but the share certificates do not have any stamp duty on the face of the share certificates.

Kindly advice what can be done in all the 3 senarios.

This is very urgent.

Jagruti (CS)

Jagruti (CS) (Expert)
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20 September 2010 Answers are

1.No need to stamp the certificate again once stamp just you have to stick 1 rupee stamp on face of certificate
2.Every share certificate shall be properly stamped. However if stamp are of more value you can attach seperate sheet for affixing stamp on it. But now a days being efiling mandatory such situtation will not arise again.
3. If original certificate are not stamp you can stil spilt the share as original dully stamp or get the back dated stamps and affix on original certificate.

Jagruti (CS)

Jagruti (CS) (Expert)
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20 September 2010 Also you can show original as lost and issue duplicate share certificate after compling with Companies (Issue of share certificate) Rules

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