Issue of duplicate share certificate

This query is : Resolved

Soumyabrata (Querist)
Follow

07 March 2012 The original share certificate of shareholders lost in transit while those certificates were sent by the RTA to the Company for Remat purpose. In such a situation, what is the procedure for issuing duplicate share certificates? Please help.

CS Vidhya

CS Vidhya (Expert)
Follow

07 March 2012 you can get the letter from the shareholder for reason for loss of share certificates..Get indemnity from the shareholder and check the folio no ,name and signature of shareholder with any document and pass a resolution in the board meeting and issue a new share certificate stating that ISSUED IN LIEU OF ORIGINAL SHARE CERTIFICATE NO........

Message likes : 1 times

Soumyabrata

Soumyabrata (Querist)
Follow

09 March 2012 but the share certificate has been lost in transit while sending by the RTA to companies office. I guess it is difficult to get the shareholders indemnity on this.

Upgrade to CAclubindia Pro. Subscribe Now!