Format of Board resolution for issuing duplicate share certificate

Duplicate share certificate

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The Board deliberated on the request received from a shareholder Mr.____________________________ vide letter dated________ along with the original Share Certificate for issuing duplicate Share Certificate as against the original Share Certificate which was mutilated, torn and worn out. Considering the above, it was decided to issue duplicate Share Certificate to the shareholder as per the details tabled at the Board Meeting. After due discussion, the board passed the following resolution.

“Resolved that pursuant to the provisions of Section 46(2) and other applicable provisions, if any, of the Companies Act, 2013 read with the Companies (Share Capital and Debentures) Rules, 2014, a duplicate Share Certificate as detailed below (or as per the list placed at the Board Meeting duly authenticated by the Chairperson) be and are hereby issued to the shareholder.

Resolved further that duplicate Share Certificate be and is hereby issued to the said shareholder under the signatures of Mr./Ms._______________, Directors of the Company and/or Mr./Ms.___________________as Secretary / Authorized Signatory and the Common Seal, if any of the Company be affixed thereto in terms of Article__ of the Articles of Association of the Company.

Resolved further that the Company Secretary and the Directors of the Company be and are hereby authorized severally to do all acts and deeds as may be required for issue of duplicate Share Certificates to the shareholder including making necessary entries in the Register of Renewed and Duplicate Share Certificate and authentication thereof.”

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