My company Transfered some shares to the existing Directors
The Following Shares were allotted previously to X Person and same some of the shares were transfered to Y - Person
X Person - Share Cert. No. 22 - 25000 shares
X Person - Share Cert No. 23 - 20000 shares
In Certificate No. 22 - 20000 Shares Transfered to Y - Director and in Cert. No. 23 - 18000 shares Transfered to
Y - Director. My conclusion is that whether we have to give fresh Certificate no. to the allotted Shares which was transfered to Y - Director or we can continue the same Certificate NO.
And also what type of comment We have to mention on the back side of Share certificate No. 22 & 23 regarding Share Certificate.
Plz can any body give me the clarification abt the Alloting the Certificate no. to be given New Number or followed by
Old Cert. No.
Regards
sreenu
CAclubindia
