Delay in Share certificate issue

Hi,

Issue of share certificate is governed by section 113. On issue of share certificate reporting to ROC or any authority is not required particularly in case of private and unlisted public company.

Hence you can later on issue share certificate with the correct date. Date of issue should be with in 3 months of allotment of pref shares in accordance with section 113. However your pref shareholders can object. Try and convince them. 

Regards

Lots of thanks for the reply.

But as share certificate needs to be stamped before issue, and in this case even if you issue the certificate on the correct date, how the stamping will take place. 

thanks in anticiaption..................

Common seal of the company needs to be affixed on share certificate. Kindly appreciate there will be no date on common seal. So your problem solve automatically.

Revert if there is any doubt.

Dear Ankur

The issue is not of fixation of common seal but as you know that stamp duty (thru franking ) is required to be paid on issuance of shares. My question is how this stamp dusty (Indian stamp Act) will be paid.

Thanks for tracking this.........................................

Mr. Ankur Garg, can I please request you to answer rhe last quert put up by Mr. Tarry. Even I had a same situation.