Companies (Share Capital and Debentures) Second Amendment Rules, 2015. - Provision specifying the manner in which share certificate are required to be signed modified - File No. 1/4/2013 CL-V - Companies Law
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Share certificate execution updated: signatures required under seal if any, otherwise two directors or director and Company Secretary. Amendment prescribes that share certificates issued under the seal, if any, must be so affixed and signed; if no common seal exists, certificates shall be signed by two directors or by a director and the Company Secretary where appointed; where board composition permits, one signing director should not be a managing or whole-time director; for One Person Companies, certificates issued under the seal, if any, must be affixed in the presence of and signed by one director or an authorised person and the Company Secretary or other authorised person, and if no seal exists, by the persons in whose presence the seal would be affixed.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Share certificate execution updated: signatures required under seal if any, otherwise two directors or director and Company Secretary.
Amendment prescribes that share certificates issued under the seal, if any, must be so affixed and signed; if no common seal exists, certificates shall be signed by two directors or by a director and the Company Secretary where appointed; where board composition permits, one signing director should not be a managing or whole-time director; for One Person Companies, certificates issued under the seal, if any, must be affixed in the presence of and signed by one director or an authorised person and the Company Secretary or other authorised person, and if no seal exists, by the persons in whose presence the seal would be affixed.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
