Please comment on the question: Can a director can sign on a share certificate which he or she is a receipient?
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Can a director sign share certificate / he is a receipient
Replies (5)
mostly this is in case of closely held Pvt company. answer is "yes". as they are issued in directors capacity.
Ensure that such director has been authorised by the Board to sign and submit the same.
Yes, but board authorisation is required. Two directors has to sign the share certificate and another authorised signatory is decided by the board. Irrespective of the receipient name.
Agree with the views of learned members.
| Originally posted by : Vidhya Sadhasivam | ||
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Yes, but board authorisation is required. Two directors has to sign the share certificate and another authorised signatory is decided by the board. Irrespective of the receipient name. |  |
Can a Lawyer or any individual be the "Another authorized signatory" ?
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