Splitting of share certificate

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 June 2015 Is Board resolution necessary for splitting of share certificate under Companies Act, 2013 or the Board can issue certificate without holding board meeting?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
Follow

15 June 2015 Yes

Board resolution is necessary

Querist : Anonymous

Querist : Anonymous (Querist)

15 June 2015 Any reference to any section / rules under CA, 2013.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

25 July 2025 Regarding the **splitting of share certificates** under the **Companies Act, 2013**, here’s the clarification:

---

### Is Board Resolution necessary for splitting share certificates?

* **Yes, a Board Resolution is mandatory** before issuing split share certificates.
* The Board must **approve the splitting of shares** and authorize issuance of new certificates.

---

### Legal reference under Companies Act, 2013:

* **Section 46(1)** of Companies Act, 2013 states that the company must **issue share certificates** under the authority of the Board.
* **Rule 5 of the Companies (Share Capital and Debentures) Rules, 2014** also governs share certificate issuance and changes, which includes splitting or consolidation.

---

### Summary:

* The Board meeting must be convened.
* The Board should pass a resolution approving splitting.
* Based on that resolution, the company issues new share certificates.
* This is a routine corporate governance compliance step.

---

If you want, I can help draft a sample Board resolution for splitting share certificates. Would you like that?

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vinod Patil

SANJAY GAIROLA

Rajat Khandelwal

CA. Urmila Mahalwal

velichety.l.narasimharao

Subscribe Now

Splitting of share certificate

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

GST CONSULTANCY

Manager- Finance and Compliance

CA Final

Senior Executive