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Share certificate - authorised signatory

Others 1669 views 1 replies

manu

executive

30 Points Posted on 02 July 2012

The share certificate should be signed by Two directors and one authorised signatory.

In this case the Two directors are signing the share certificate in person with Pen.

Can one of then be appointed as authorised signatory through board resolution?

If Not, then where is this written?

Thanks for the guidance in advance... This is urgent... Can you please comment soon....

Replies (1)

SUNIL KUMAR JAIN

PRACTISING COMPANY SECRETARY

187 Points Posted on 04 July 2012

Manu,

Please go through the Companies ( Issue of Share Certificates) Rules, 1960.In case any employee is authorised to sign as an Authorised Signatory, his name and designation is recorded in the minutes. Otherwise any individual may be authorised to sign as Authorised Signatory. Insuch a case name, father's name and address of such authorised signatory is recorded in the minutes.

Regards,

Sunil K. Jain

Practising Company Secretary

9810104162; skj13 @ rediffmail.com