Folio number in share certificate

Sourav Chatterjee (Management Trainee) (171 Points)

09 April 2012  

Mr. A hold 50,000 shares in XYZ Pvt. Ltd. There are two certificates one holding 30,000 shares and another holding 20,000 shares bearing two folio numbers.  Is there any restriction for a particular shareholder to carry two folio numbers?