Share certificate rules: require specified signatories, allow facsimile and digital director signatures, and impose seal and custody duties. Every share certificate must specify the shares and amount paid up and be signed by two directors or by a director and the company secretary where appointed; where a common seal exists it must be affixed in the presence of the signatories. For an One Person Company the certificate may be signed by a director and the company secretary or any person authorised by the board. A director's signature may be a facsimile produced by mechanical means or a digital signature, but not a rubber stamp, and the director is personally responsible for permitting affixation and custody of the equipment used.
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 rules: require specified signatories, allow facsimile and digital director signatures, and impose seal and custody duties.
Every share certificate must specify the shares and amount paid up and be signed by two directors or by a director and the company secretary where appointed; where a common seal exists it must be affixed in the presence of the signatories. For an One Person Company the certificate may be signed by a director and the company secretary or any person authorised by the board. A director's signature may be a facsimile produced by mechanical means or a digital signature, but not a rubber stamp, and the director is personally responsible for permitting affixation and custody of the equipment used.
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