Issue company share certification

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This discussion clarifies the process of issuing share certificates for a newly incorporated company. It covers whether the company prepares and seals the certificates, how to verify their authenticity, and the crucial aspect of stamp duty. Guidance is provided on the signing requirements for private limited companies and the role of the company seal.

bonnie

bonnie (Querist)
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04 April 2020 the company after incorporate, and the shareholder put the money into company bank account.
is the share certification prepared by company? and company sealed and director signed on it will be enough？
how to prove the share certification is true? is some where could found in gov website?
after paid the stamp duty on issue share, is the gov will delivery share certification?

Arun

Arun (Expert)
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06 April 2020 In case of a private limited company share certificates shall be signed by two directors or by a director and the company secretary, wherever the company has appointed company secretary.
Further in case the company has a common seal it shall be affixed in the presence of persons required to sign the certificate.

bonnie

bonnie (Querist)
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09 April 2020 is it need to pay stamp duty? got very confused
someone said do not need to pay share stamp duty, only need to fill annual return fillings.
but someone said it has to be paid stamp duty first, then issue share certification.

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