Time to issue share certificate

Frieda12

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Join Date: Feb 2018

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#1

Time to issue share certificate

07-Feb-18, 02:06 PM

According to the Company's Act, 2008 - how much time do you have to issue share certificates?

Last edited by Dave A; 08-Feb-18, 12:27 PM.
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Andromeda

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08-Feb-18, 01:15 PM

Shares are regarded as issued once the directors resolve to do so. The issuing of certificates and entries in the register follow on from that.

I am not aware of any time limit, however. You are however required to enter shares issued in the register, and to maintain a register of shareholders.

I suggest have a read of Part E of the Act.
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