05 March 2015
There was no specific official Share Certificate format under the Companies Act, 1956. Now the new Rules states that the Share Certificate shall be in Form No.SH.1
The rules has also given the flexibility to the management to have their own format but as near as possible to Form No.SH.1 but shall state particulars such as i. Name of the person in whose favour the certificate is issued ii. the shares to which it relates (such as Folio No, SC No and the Distinctive Nos) iii the amount paid up per share.