Standing Order No. 2151/2008 of the Industries and Commerce Department, Government of Rajasthan dated 6th March, 2008 on the issue of share certificates [C1A-F8T]

Standing Order No. 2151/2008

GOVERNMENT OF RAJASTHAN

Industries and Commerce Department, Government of Rajasthan

Jaipur, dated the 6th March, 2008

STANDING ORDER

To

All Treasury Officers,

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 Industries and Commerce 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 C to the District Registrar within seven days, accompanied by a fee of two hundred rupees.

3. The Treasury Officer shall ensure that register of instruments is dealt with as directed above, and shall report compliance to the District Registrar within seven days.

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

(Secretary to Government)