Board resolution for issue of renewed or duplicate share certificates under Companies Act, 2013 with detailed compliance procedures and authority.
“RESOLVED THAT pursuant to the applicable provisions of the Companies Act, 2013 read with the rules made thereunder, including any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force and subject to the articles of association of the Company, approval of the Board be and is hereby accorded for issuance of renewed and/or duplicate share certificate(s) in lieu of the original share certificate(s) reported to have been lost, misplaced, torn, defaced, mutilated or destroyed or requiring renewal.
RESOLVED FURTHER THAT the renewed and/or duplicate share certificate(s) be issued to the concerned shareholder(s) upon receipt and verification of such documents, declarations, indemnities and proofs as may be required under applicable law.
RESOLVED FURTHER THAT any Director and/or Company Secretary and/or Authorised Signatory of the Company be and are hereby severally authorised to sign, execute and issue the renewed and/or duplicate share certificate(s), make necessary entries in the statutory registers and do all such acts, deeds and things as may be necessary for giving effect to this resolution.”
No rules under this Section yet.