How to give Share Certificate No. which was Transferred

b.sreenivasa rao (Employee) (445 Points)

03 April 2010  

My company  Transfered some shares to the existing Directors

 

The Following Shares were allotted previously to X Person and same some of the shares  were transfered to Y - Person

X  Person - Share  Cert. No. 22  - 25000 shares

X  Person - Share Cert No. 23  -  20000 shares

 

In Certificate No. 22 - 20000 Shares Transfered to Y - Director  and in Cert. No. 23 -  18000 shares Transfered to

Y - Director.   My conclusion is that whether we have to give fresh Certificate no. to the allotted Shares which was transfered to Y - Director  or we can continue the same Certificate NO.

And also what type of comment We have to mention on the back side of Share certificate No. 22 & 23  regarding Share Certificate.

Plz can any body give me the clarification abt the Alloting the Certificate no. to be given New Number or followed by

Old Cert. No.

 

Regards

sreenu