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Share Seal Certificate Feature

The Share Seal Certificate feature offers a streamlined solution for managing share certificates efficiently. With this feature, businesses can create, store, and share digital certificates with ease, ensuring accuracy and security.

Key Features

Create digital share certificates quickly and easily
Store certificates securely in one place
Share certificates electronically with stakeholders
Track and manage shares effectively
Ensure compliance with legal regulations

Potential Use Cases and Benefits

Ideal for startups issuing shares to investors
Perfect for companies needing to manage employee equity plans
Suitable for organizations undergoing mergers or acquisitions
Helps in maintaining shareholder records accurately
Facilitates communication with shareholders efficiently

This feature addresses common issues faced by businesses in managing share certificates. By digitizing the process, you reduce the risk of errors, enhance security, and improve accessibility. Whether you are a startup or an established company, this tool empowers you to manage your share certificates with confidence.

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a unique share certificate number. The company's name and company registration number. The registered office address of the company. The name of the shareholder. The contact address of the shareholder. The number of shares covered by the share certificate.
In case a common seal is placed on the share certificate, it must be affixed in the presence of the person who signed the share certificate. However, it is no longer required to affix the common seal of the company and is optional.
Now, with The Companies (Amendment) Act, 2015 coming into force the common seal is no more mandatory.it has been made optional. All such documents which required affixing the common seal may now instead be signed by two directors or one director and a company secretary of the company.
But Considering the facts, the Common Seal is indispensable. On affixing the common seal, there is a legal obligation on the part of the authorized officials and the Company and must be therefore affixed in accordance with the Articles of Association of the Company on the above-mentioned documents.
Common Seal Optional: Companies Act, 2013 required common seal to be affixed on certain documents (such as a bill of exchange, share certificates, etc.) Now, with The Companies (Amendment) Act, 2015 coming into force the common seal is no more mandatory.it has been made optional.
Common Seal. The Amendment Act has omitted the words 'and a common seal' appearing under Section 9 of the Act which means it shall not be mandatory for a company to have a common seal.
A common seal is as good as a signature. It is used to signify that a particular document is approved or become official under the public office or a private company's common law jurisdiction. Basically, this seal is used for two purposes. The first one is to execute a deed under a company's law.
A share certificate should be signed by: Two company directors. Or. One director and the company secretary. Or. For companies with a single director and no company secretary, the company director in the presence of a witness who attests to his or her signature.

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