CONSOLIDATION OF SHARE CERTIFICATE

[CS Pranjul Shukla]

Dear,

please tell me that in case a shareholder holding n no. of shares bearing different distinctive nos. (not in serial) and all certificates are lost, in this case whether he can request for duplicate consolidated share certificates in lieu of share certificates lost (some of them bear serial wise distinctive nos. and some of them not). and what will be the applicable provisions of stamp duty in such case? (Stamp Duty for issue of duplicate share cert. and consolidated share certificate) 

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Pranjul shukla

[CS Pranjul Shukla]

Can both processes be done side by side.

[deepali balpande]

Mam,

you can make stamp " original share certificates dully stamped" and affix the same on the duplicate share certificate and  put  revenue ticket of rs. 1 on the face of the  duplicate share certificate.

it will be compliance .

Thanks & regards,

deepali 

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[CS Pranjul Shukla]

and what will be the new share certificate No. in case of consolidation.

On Monday, January 22, 2018 at 11:04:02 AM UTC+5:30, CS Pranjul Shukla wrote:

[deepali balpande]

it depends upon your share software. it must be latest no after last share certificate issued by your company.

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[CS Pranjul Shukla]

thank you mam, one more thing i want to ask i.e. whether adhesive stamp of  Rs. 1 in Delhi, is good compliance or rs 10 has to be paid online.
Thanks In Advance

On Monday, January 22, 2018 at 11:04:02 AM UTC+5:30, CS Pranjul Shukla wrote:

[deepali balpande]

In Maharashtra  we affix revenue ticket of Rs.1. I dont have any idea of delhi.

 

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[CS Pranjul Shukla]

Mam, please tell whether the details (like Distinctive Nos., NO. of Shares) of share certificates consolidated, into single certificate, are needed to be disclosed in that single certificate, if yes please provide me the format. 

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[deepali balpande]

You have to issue consolidated share certificate as per format SH 1 as given under companies Act, 2013 , a new certificate no will be for that consolidated share certificate and against distinctive no on the face of the certificate, you have to write "As on reverse" and on the back side of the Share certificate you have to mentioned the old certifcate no , no of shares and distinctive nos against that old certificate no.  

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