Replace Cross from the Share Certificate and eSign it in minutes

Aug 6th, 2022
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How to Replace Cross from the Share Certificate

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namaskar and hello again this is the third video in the series in this video we will talk about how to apply for duplicate share certificates if the originals have been missing we are assuming that all the shareholders registered in the folio are surviving and alive now to apply for the duplicate share certificates all the registered shareholder have to first of all get their isr 1 completed get the isr 2 attested from the bank manager write a simple request letter to the registrar which is to be signed by all the registered shareholders in the folio the request letter will mention that we are enclosing our kyc documents forms isr 1 isr 2 and that request letter is to be signed by all the shareholders on the same letter on received of the request from the registered shareholders along with their 1 2 forms the registrar will send you the procedure to apply for duplicate share certificates the procedure varies with the registrar and sometimes within the same registrar varies for a partic

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Typically, the affected shareholder will deliver a request to the company to rectify the mistake, setting out details of the error and any supporting information. The board of directors will review the mistake and, if it approves rectification, will update the register (and any Companies House filings as required).
As soon as a shareholder realises that a share certificate has been lost, stolen or destroyed, they should contact the company secretary, or directors of the company concerned, both to report the loss and to request a replacement share certificate.
Better Record Keeping: Having a legal name change ensures that all records related to the share certificate are updated with the correct name, making it easier for individuals to manage their financial investments.
Share certificates can be amended in the following ways: Change of shareholder name. Change of shareholder contact address. Change of company name.
The bond usually costs between two or three percent of the current market value of the missing certificates; and. The owner must request a new certificate before an innocent purchaser acquires it.
Key information on a share certificate includes: Certificate number. Company name and registration number. Shareholder name and address. Number of shares owned. Class of shares. Issue date of shares. Amount paid (or treated as paid) on the shares.
Change in the names of Individuals :Shareholders are required to send their requests for change of names together with original certificate along with a copy of notification in the Official Gazette or a newspaper or an affidavit drawn on stamp paper of appropriate value duly sworn.
Documents required: Request letter in Form ISR-4 (Annexure -1) duly signed by the shareholder(s) along with the Original Share Certificates and other documents mentioned therein including self - attested copy of Pan Card. 2. Attested copy of the death certificate of the deceased joint shareholder.
The communication of the information of the share certificate being lost or misplaced can be done by posting a letter to the companys address or by emailing the company. The shareholder must provide the details of the lost or misplaced share certificate, like name, folio number, address and share certificate number.

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