TMI BlogCertificate of shares (where shares are not in demat form).X X X X Extracts X X X X X X X X Extracts X X X X ..... the Board may impose such reasonable terms, if any, as to seek supporting evidence and indemnity and the payment of out-of-pocket expenses incurred by the company in investigating evidence, as it may think fit. (2) Every certificate of share or shares shall be in Form No. SH.1 or as near thereto as possible and shall specify the name(s) of the person(s) in whose favor the certificate is issued, the shares to which it relates and the amount paid-up thereon. 6 [(3) Every certificate shall specify the shares to which it relates and the amount paid-up thereon and shall be signed by two directors or by a director and the company secretary, wherever the company has appointed company secretary: Provided that in case the company has ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... med to be authorised for the purpose of this rule: 2. Substituted vide Not. 1/4/2013-CL-V(Pt I) - Dated 18-3-2015 , before it was read as, provided further that 3. Substituted vide Not. 1/4/2013-CL-V(Pt I) - Dated 18-3-2015 , before it was read as, provided also that 4. Substituted vide File No. 1/4/2013 CL-V - Dated 29-5-2015 , before it was read as, issued under the seal of the company 5. Substituted vide File No. 1/4/2013 CL-V - Dated 29-5-2015 , before it was read as, (b) the secretary or any person authorised by the Board for the purpose: ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a whole-time director: Provided also that, in case of a One Person Company, every share certificate shall be issued under the seal, if any, of the company, which shall be affixed in the presence of and signed by one director or a person authorised by the Board of Directors of the company for the purpose and the Company Secretary, or any other person authorised by the Board for the purpose, and in case the One Person Company does not have a common seal, the share certificate shall be signed by the persons in the presence of whom the seal is required to be affixed in this proviso.] Explanation.- For the purposes of this sub-rule, a director shall be deemed to have signed the share certificate if his signature is printed thereon a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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