A share certificate is required to be signed by _________.
A
Two directors and company secretary
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B
Chairman of the company
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C
Attorney of the company
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D
Chartered accountant
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Solution
The correct option is A Two directors and company secretary Rule 5read and form SH.1 contains a provision for the signature of two Directors and a Secretary as a mandate for issuing share certificate. Thus, below-mentioned signatories are required to put their signatures on a share certificate:
Two Directors specifically authorized by the Board of Directors of the company for the purpose, or the Committee of the Board if so authorized by the Board.
The Company Secretary or any other person authorized by the Board.