hello friends ! my question is regarding the mistake in the issue of share certificate by the closly held company (pvt. co.) i.e
1. Issuing the same share certificate no. to two members.
2. Issuing same distinctive no. to diff members having diff share certificates .
MY question is how can a Pvt.Company rectify it, without applying to CLB or ROC ? Is it possible to reissue the certificate and correct the mistake as it is the closely held co. and will not affect the holding or interest of any member(share holder ).
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What if the company wants to go for IPO and as it is, it will all be in demat form ...which is in fungible form i.e. no distintive no. or share certificate no. kindly help me to come out with the solution and if possible if i can get the refrence to any material.
POONAM KABRA
