Share Certificate

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Bye-law No. 9

 

9. a. SHARE CERTIFICATE

A Share Certificate, prescribed in bye-laws, bearing a distinctive number and indicating the name of the Member, the number of shares issued, and the value paid thereon, shall be issued by the Society to every Member for the shares subscribed by him, within a period of six months of the allotment of the shares.

 

9. b. DUPLICATE SHARE CERTIFICATE

The Committee of the Society shall issue a duplicate share certificate, “So Marked”, on application to its members on production of the following documents.
1. if the share certificate is lost – copy of police complaint lodged, and an affidavit in that regard.
2. if the share certificate is soiled, burnt, torn, disfigured etc. affidavit in that regard.

 

Bye-law No. 10

 

10. AUTHENTICATING THE SHARE CERTIFICATE

Every such Share Certificate shall bear the seal of the Society and be signed and by the Chairman, the Secretary and one Member of the Committee, duly authorised by the Committee. The same shall be issued by the Secretary of the Society.

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