Issued share certificate

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Alok (Querist)
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18 January 2011 Hi,
Does the a copy of share certificate which is being issued to the shareholders are also submitted to ROC for record.

Thanks
Alok

Sunil Kr. Sanganeria

Sunil Kr. Sanganeria (Expert)
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18 January 2011 No it is not required to submit To ROC. The share certificate should be delivered to shareholders.

Alok

Alok (Querist)
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18 January 2011 Then, how does ROC understand about the share holdership of the company.
Also, what will be the issue date of certificate: date of application money or the date on which board of director resolution is passed or the actual issue date ?

Thanks
Alok

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Jayashree S Iyer

Jayashree S Iyer (Expert)
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18 January 2011 The date of the share certificate would be the actual date of issue after having been approved in the Board Meeting.

For share allotment, Form 2 needs to be filed with ROC attaching the Board
Resolution which will have the details of allottees. No need to attach a copy of the share certificate.

Shareholders details including the transfers, if any,during the year (in respect of which no Form 2 need to be filed) will be reflected in the company's annual return filed under Section 159 in the form of Schedule V and Form 20.