Standing Order No. 3233/2022 of the Labour Department, Government of Rajasthan dated 6th October, 2022 on the issue of share certificates [C15-YWE]

Standing Order No. 3233/2022

GOVERNMENT OF RAJASTHAN

Labour Department, Government of Rajasthan

Jaipur, dated the 6th October, 2022

STANDING ORDER

To

All Collectors,

Subject: The issue of share certificates by company issuing shares under the Rajasthan Stamp Act, 1999, regarding.

In exercise of the powers conferred by section 9 of the Rajasthan Stamp Act, 1999 (Rajasthan Act 14 of 1999), the Labour Department, Government of Rajasthan hereby issues the following Standing Order for the guidance of all officers subordinate to it:

1. References have been received seeking clarification on the manner in which section 9 applies to the issue of share certificates by company issuing shares.

2. The matter has been examined. Every company issuing shares carrying on the issue of share certificates shall make an application in Form H to the Stamp Revenue Board within thirty days, accompanied by a fee of twenty rupees.

3. The Collector shall ensure that adjudication is dealt with as directed above, and shall report compliance to the Stamp Revenue Board within thirty days.

4. Difficulties, if any, in the implementation of this standing order may be brought to the notice of the Labour Department, Government of Rajasthan.

(Secretary to Government)