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of <h1>Ministry Clarifies Share Transfer Forms Pre-April 2014 and Director Committee Powers on Duplicate Share Certificates under Companies Act 2013.</h1> The circular from the Ministry of Corporate Affairs provides clarifications on matters related to share capital and debentures under the Companies Act, 2013. It addresses two main issues: first, it clarifies that share transfer forms executed before April 1, 2014, should be accepted if submitted within the prescribed period, with companies required to justify any delays. Second, it confirms that a committee of directors may exercise the board's powers regarding the issuance of duplicate share certificates, subject to board regulations. These clarifications follow representations from industry stakeholders seeking guidance on these matters.
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