Issue of duplicate share certificates
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 January 2012
Can Private Limited Company issue a duplicate share certificates in case of lost of original share certificate without demanding affidavit & indemnity bond from shareholders i.e. by waiving of such requirements by passing a board resolution.
07 January 2012
In accodance wuth Companies (Issue of Share Certificates) Rules, 1960
No duplicate share, certificate shall be issued in lieu of those that are lost or destroyed without the prior consent of the Board or without payment of such fees, if any, not exceeding Rs. 2 and on such reasonable terms if any, as to evidence and indemnity and the payment of out-of-pocket expenses incurred by the company in investigating evidence as the Board thinks fit.
No duplicate share, certificate shall be issued in lieu of those that are lost or destroyed without the prior consent of the Board or without payment of such fees, if any, not exceeding Rs. 2 and on such reasonable terms if any, as to evidence and indemnity and the payment of out-of-pocket expenses incurred by the company in investigating evidence as the Board thinks fit.
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 January 2012
Can Company waive copy of FIR and only takes Affidavit & Indemnity?
18 July 2023
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