Share Certificate Signing Requirements revised: signatures by two directors or director and company secretary; seal provisions inapplicable where no seal. Every share certificate must specify the shares and paid-up amount and be signed by two directors or by a director and the company secretary where appointed; if the company has a common seal it shall 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 where appointed, or any other person authorised by the board. Explanations clarify that where a company does not have a seal, provisions presupposing a seal are not applicable.
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Provisions expressly mentioned in the judgment/order text.
Share Certificate Signing Requirements revised: signatures by two directors or director and company secretary; seal provisions inapplicable where no seal.
Every share certificate must specify the shares and paid-up amount and be signed by two directors or by a director and the company secretary where appointed; if the company has a common seal it shall 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 where appointed, or any other person authorised by the board. Explanations clarify that where a company does not have a seal, provisions presupposing a seal are not applicable.
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