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of <h1>Rule 5 of Companies Rules 2014: Procedures for Issuing Share Certificates, Requirements for Lost Allotment Letters, and Director Responsibilities.</h1> The Companies (Share Capital and Debentures) Rules, 2014, Rule 5 outlines procedures for issuing share certificates when shares are not in dematerialized form. A company can issue share certificates only after a board resolution and upon surrendering the letter of allotment or fractional coupons, except in specific cases like bonus shares. If the allotment letter is lost, the board may require evidence and indemnity. Certificates must be in Form No. SH.1, signed by two directors or a director and company secretary, and recorded in the Register of Members. Facsimile signatures are allowed, with directors held responsible for their use.
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