Issuance of share certificate

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Overview

A share certificate is a formal document that substantiates an individual’s ownership of shares within a company. It typically details the shareholder’s name, the quantity of shares held, and their class. As per the Companies Act 2013, companies are legally obligated to issue share certificates to their shareholders following incorporation. This article will outline the procedure and regulations governing the issuance of share certificates.

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Details Mentioned on Share Certificate

1. Name of the shareholder

2. Number of shares owned

3. Class of shares

4. Company name and registration number

5. Signature of authorized company official

6. An amount which is paid on such shares

7. Date of issuance

Details Mentioned on Share Certificate

Sr. No.	Scenario	Timeline to issue share certificate
1	In case of subscribers to memorandum	Within 2 months from the date of incorporation
2.	In case of allotment of shares	Within 2 months from the date of allotment
3	In case of transfer or transmission of securities	Within 1 month from the date of receipt of the instrument of transfer or intimation of transmission by the company
4	In case of issue of duplicate share certificates	Within 3 months from the date of submission of complete documents by the shareholder to the company.

Issuance of share certificate

Overview

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Details Mentioned on Share Certificate

1. Name of the shareholder

2. Number of shares owned

3. Class of shares

4. Company name and registration number

5. Signature of authorized company official

6. An amount which is paid on such shares

7. Date of issuance

Details Mentioned on Share Certificate

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