Question
Share Certificate is a registered document.

Answer

  • Share Certificate is the title to the shares issued by the company.
  • It is duly stamped and signed by two directors and countersigned by the directors under the common seal of the company.
  • It contains all the details regarding the issue of shares, shareholders’ names, number of shares issued, share certificate number, etc.
  • It is issued or dispatched to the allottee within two months after allotment of shares.
  • Thus, it is rightly said that a share certificate is a registered document.

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