sandy
(Querist) 01 April 2015
This query is : Resolved
In our society, the share certificates were printed and was ready to be distributed with Chairman & one MC members signature, due to dispute secretary didn't sign the certificates and it remained pending to be distributed. New committee was formed with the ex-secretary as one of the committee member. Now she has signed the certificates under the column given for the secretary and started distributing the same. Is this allowed as per bye - laws? if yes please provide the clause no.
ajay sethi
(Expert) 01 April 2015
share certificate has to be signed by
secretary / chairman / treasurer . any 2 authorised signatories can sign the share certificate . managing committee member cannot sign as secretary as she is not holding said post
sandy
(Querist) 01 April 2015
Thanks for the reply, please also guide how to take up this matter
Guest
(Expert) 01 April 2015
Ms Sandy,
Your query has already been replied by Shri Ajay Sethi. Your supplementary query, "please also guide how to take up this matter," is not clear. Can you please state, why with whom and for what purpose you want to take up the matter, as you asked, "please also guide how to take up this matter?"
Devajyoti Barman
(Expert) 01 April 2015
Reply to what Dhignraji has raised.
Rajendra K Goyal
(Expert) 01 April 2015
The share certificate need to e signed as per bye laws of the society.
Kumar Doab
(Expert) 01 April 2015
Agreed with experts.
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