1. Duplicate share certificate will be issued provided it is proved that it is lost or destroyed.
  2. If the share certificate is mutilated or torn then the company may issue share certificate if such mutilated certificate is surrendered to the company.

[If the person is caught for doing fraud, the penalty is Rs. 10,000 to Rs. 1,00,000 and 6 months to 3 years of imprisonment]

The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]

Leave a reply

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2020 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp

Log in with your credentials


Forgot your details?


Create Account