Share Certificate - Form SH-1 | Download Free Templates
Team Lawyered
1. What is Form SH-1?
Form SH-1 is an e form used as Share Certificate form. This certificate is issued by the company as a proof of evidence of shares issued to shareholders. It is issued in accordance with Rule-5 of companies Act (Share Capital & Debentures) Rule 2014. The certificate shall be issued in Form SH-1 it requires following details:-
● Name & full address of the shareholder
● Class of shares with a face value
● Total number of shares issued
● Total consideration amount paid
2. Why is Form SH-1 used?
SH-1 is used as a Share Capital Certificate. This certificate is required to be signed by 2 directors or by a director and the company secretary. This certificate is issued to the shareholder within 60 days of incorporation of the company or within 60 days from the date of allotment of shares in case of further issue of shares.
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Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.
Sophie Asveld
February 14, 2019
Email is a crucial channel in any marketing mix, and never has this been truer than for today’s entrepreneur. Curious what to say.