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Issue of duplicate share certificate to parent company

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 April 2010 Ours is a 100 % subsidiary company of a US Company. Our parent company has lost the share certificate issued to them by us. What is the procedure of issuing duplicate share certificate to the 100 % foreign holding company.
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Rasesh

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Rasesh (Expert)
27 April 2010 Obtain an Indemnity and Affidavit from the Parent company. Take it on record. Pass a board resolution to get the issue of shares approved.

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