Share certificate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 April 2012
Please help me on this:
1) If Share certificate is not signed by authorised signatory, will it be invalid?
2) Is signature of authorised signatory mandatory on Share Certificate?
1) If Share certificate is not signed by authorised signatory, will it be invalid?
2) Is signature of authorised signatory mandatory on Share Certificate?
Ajay Mishra
(Expert)
10 April 2012
Hi
1. Yes if Share certificate is not signed by secretary or authorised signatory in addition to two directors then it will be invalid share certificate.
2. No, if the company have secretary then he/she will sign the share certificate and then not required to sign by authorised signatory. If the company not having CS, in that case sign of authorised signatory is mandatory.
Regards
1. Yes if Share certificate is not signed by secretary or authorised signatory in addition to two directors then it will be invalid share certificate.
2. No, if the company have secretary then he/she will sign the share certificate and then not required to sign by authorised signatory. If the company not having CS, in that case sign of authorised signatory is mandatory.
Regards
CA Kishore Tallam
(Expert)
10 April 2012
Agree with expert.
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