Fresh share certificate

Shankar BA(Hons) (CS) (278 Points)

25 April 2013  

A Private Limited company was incorporated in the year 2009 with two share holders. During the 1st Board Meeting, shares were allotted to them.

 

Now the share are damaged due to leech and would need to issue fresh certificates. My questions are:

 

1) What we have to do in order to issue new fresh share certificates ?

 

2) As per companies Act, 1956 what are the other things to be done ?