Indemnity from shareholder for duplicate dividend warrant

Dear All,

I want to share my experience with you. Kindly observe.

For issuing Duplicate Dividend Warrants to the shareholders on their request it is very important to collect undertaking cum indemnity from them.

Especially for a Listed company it is really indispensable to collect the above undertaking. It is advisable to process the request of shareholder only after collecting the undertaking along with original dividend warrant to avoid any future problem.

Please find enclosed herewith sample Undertaking format for your ready reference.

Best Regards