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Companies (Share Capital and Debentures) Second Amendment Rules 2015. - Provision specifying the manner in which share certificate are required to be signed modified

Companies Law - File No. 1/4/2013 CL-V - Dated:- 29-5-2015 - [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] Government of India Ministry of Corporate Affairs Notification New Delhi Dated the 29th May, 2015 G.S.R. 439 (E). - In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further to amend the Companies (Share Capital and Deb .....

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, the following clause (b) shall be substituted, namely:- "(b) the secretary or any person authorised by the Board for the purpose: Provided that in case a company does not have a common seal, the share certificate shall be signed by two directors or by a director and the Company Secretary, wherever the company has appointed a Company Secretary: Provided further that, if the composition of the Board permits of it, at least one of the aforesaid two directors shall be a person other than a ma .....

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