DUPLICATE SHARE

[swastika mishra]

GOOD MORNING EVERYONE,

PLEASE SHARE PROCEDURE OF ISSUE DUPLICATE SHARE BY LISHTED COMPANY

Thanks and regards 

Swastika

Earth allows you to stand, Let it stand the way it is.

Save paper, Save trees, Save the Planet !!

[N. MR]

It is of manifold:

1. If you are issuing a share certificate in the place of a mutated certificate, receive the original from the customer along with their request for the issue of duplicate certificate in the place of the old one, place it before the share transfer committee meeting and issue a new certificate. Here the certificate number will change but the distinctive number will remain the same. On the face of the certificate mention "issued in lieu of the share certificate No----). Keep the old certificate cancelled and to be saved for ever.

If the duplicate is issued in lieu of lost share certificate, get the following from the shareholder

1. Police complain along with the FIR copy

2. Advertisement issued by the shareholder informing the loss of share certificate to the public.

3 an affidavit from the shareholder

4. An indemnity bond from the shareholder

5. Along with his request to issue a duplicate share certificate.

On receipt of the above documents, 

1. Issue a Public advertisement in a local newspaper giving 15 days + time regarding the issue of duplicate share certificate, calling the attention of the public.

2. Wait for any objection for at least 20 to 25 days.

3. call a share transfer committee meeting and place the above shareholder document along with the company advertisement and get the approval for the issue of duplicate share certificate.

4 Issue a fresh share certificate in the place of a lost share certificate.

Inform the stock exchange accordingly.

REGards

Mohanram 

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[swastika mishra]

Is board meeting necessary for issuing duplicate share certificates or can the board delegate this to the share transfer committee????????

Swastika

Earth allows you to stand, Let it stand the way it is.

Save paper, Save trees, Save the Planet !!

To view this discussion on the web visit https://groups.google.com/d/msgid/csmysore/CAGfnDXNgE1FRSpq6pbeEaqkB-7F_9%3Dtc_yfeoEPBsKsE7g4cEA%40mail.gmail.com.

[CS V Kartik]

Yes board meeting is necessary or if it's not possible to conduct, you can approve the same by passing a circular resolution.

Kartik

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[N. MR]

If there is a board constituted share transfer committee, you can place it before their meeting. Otherwise, board approval is necessary. For your information committee meeting minutes are also to be placed before the board periodically and get the board approval.

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[swastika mishra]

Thank you everyone😊😊

Swastika

Earth allows you to stand, Let it stand the way it is.

Save paper, Save trees, Save the Planet !!

To view this discussion on the web visit https://groups.google.com/d/msgid/csmysore/CAGfnDXMsnbNbjtX_dJeaPDtF4mOBcc0i8vHxmv9v-nDfchYozA%40mail.gmail.com.