Company Secretary
91 Points
Joined March 2012
Hi,
Can you please confirm, whether after transfer of securities whether seperate certificate is to be issued for transfer or we can go ahead with endorsement on the back of the relevant share certitificate.
Ex: Mr. A, shareholder, 5000 shares, Certificate No. 1, transferred to Mr. B, whole 5000 shares.
So as per new act, 2013, do we need to make another Certificate No. 2 or enter the details of transferee at the back of Certificate No. 1?