CS
619 Points
Joined January 2009
There is no specific size fixed for share certificate ;The act does not provide for any specific form of share certificate ,Rule 5 of Companies (issue of share certificate )provides that share certificate must specify the name of the person in whoes favour the certificate is issued ,the shares to which it relates and amount paid up on them;similarly rule 6 mentiones it must be issued under common seal of the company and shall be signed by the two Directors and CS or some other authorised person ;
However in case of listed Companies the size form and contents of share Certificate have to be approved by the concerned stock exchange before its issue to the public and stock exchange have prescribed a form of certificate which is required to be adopted by listed company
Please correct me if I am wrong ;I have referd CS Company Law and practice inter module to solve the query .