Thursday, March 20, 2014

Issue of share certificates under companies Act 2013

As per the sec 56 (4) of Companies Act,2013
Share certificates to be delieverd within:
1. Two months from the date of incorporation in case of subscribers to MOA.
2. Two months from the date of further allotment of shares.
3. Within one month in case of transfer or transmission of shares.


Note: In case shares dealt with depository the company should intimate allotment of shares immediately on such allotment.

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