Share certificate

ravi (senior accountant) (507 Points)

21 November 2011  

Pvt. Co-Should share certificates to be made and kept as a record in a pvt company? if yes what is the proforma of share certificate: and pls suggest me the uses of share certificate( making and keeping as share certificte - surely it denotes the ownership but is there any law requirement to have as a share certificate?). whether law requires to have a share certificate in the hands of share holder pls suggest.

Pls also suggest me the procedure for share transfer in a private company. my friend holds some shares and he wanted to transfer his holding to his friend pls suggest me the step by step procedure for transfer (particularly in pvt co point of view)