Duplicate Share Certificate Recovery
Duplicate Share Certificate
Duplicate Shares
A share certificate serves as an official document that signifies the ownership of company shares by an individual shareholder. It serves as conclusive evidence of the shareholder’s legal claim to the shares. In cases where the original share certificate is lost or misplaced, a duplicate share certificate is issued by the company.
The loss of a share certificate can result in significant financial implications for both the shareholder and the company in which the shares are held.
The loss of a share certificate can result in significant financial implications for both the shareholder and the company in which the shares are held.
Therefore, to prevent any unwarranted losses to the company and its shareholders, the Companies Act, 2013, outlines provisions for the issuance of duplicate share certificates. These provisions can be found in Section 46 and Rule 6(2)(a) to (c) of the Companies (Share Capital and Debentures) Rules, 2014.
Reasons for the Loss of Original Share Certificates -
Duplicate Share Certificate Recovery
The original share certificates may have been lost due to the following reasons:
- They were misplaced and forgotten.
- As time went by, the certificates may have become damaged and unrecognizable.
- They were lost during a move or change of address.
- Additionally, there was no knowledge or awareness about the existence of these share certificates.
Regardless of the underlying circumstances, we possess the expertise and structured processes to assist you in the recovery of your misplaced share certificates.
How CMS Expert team will Assist you -
Duplicate Share Certificate Recovery
Duplicate Share Certificate Recovery
- In order to ensure a flawlessly executed stockholders’ meeting, meticulous attention to detail is of utmost importance.
- Thoroughly gather and analyze the intricacies associated with the offer currently under consideration.
- Engage in direct communication with registrars, offer exchange specialists (RTAs), or pertinent organizations to establish precise arrangements for procuring copies of the offer statement intended for the shareholders.
- Additionally, it is imperative to diligently document any grievances lodged with the police and circulate a public notice through the RTA or the official publication of the organization, emphasizing the unavailability of the original offer statements.
- By diligently completing the requisite documentation and promptly submitting it, all the specific requirements outlined by the RTA or organization can be effectively and satisfactorily fulfilled.
Duplicate Share Certificate Recovery
Furthermore, the process may encompass the resolution of layoff-related concerns, such as harmonizing the name specified in tender details with the organization’s official records, or implementing necessary measures to address issues arising from discrepancies in addresses, cross-mark errors, and similar circumstances that may necessitate layoffs.
Claim My Shares expert team oversee the entire process to ensure the successful authentication of the share copy, minimizing the risk of its loss. This is achieved by providing compelling evidence to the RTA or organization that substantiates the genuine reasons for the unavailability of an original offer testament. Additionally, we diligently verify that the copy share declaration is acquired by the legitimate owner through appropriate means.
Claim My Shares expert team oversee the entire process to ensure the successful authentication of the share copy, minimizing the risk of its loss. This is achieved by providing compelling evidence to the RTA or organization that substantiates the genuine reasons for the unavailability of an original offer testament. Additionally, we diligently verify that the copy share declaration is acquired by the legitimate owner through appropriate means.
Feel free to contact us at enquiry@claimmyshares.com or call us on +91 83290-77612 / +91 77700-19721 for assistance.