Office Memorandum No. 1909/2012/FD of the Finance Department, Government of Rajasthan dated 25th January, 2012 on the issue of share certificates [C1P-6C8]

No. 1909/2012/FD

GOVERNMENT OF RAJASTHAN

Finance Department, Government of Rajasthan

Jaipur, dated the 25th January, 2012

OFFICE MEMORANDUM

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

1. The undersigned is directed to say that references have been received in the Finance Department, Government of Rajasthan on the manner in which the issue of share certificates by company issuing shares is to be regulated under the Rajasthan Stamp Act, 1999.

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 Stamp Revenue Board within one hundred and eighty days, accompanied by a fee of twenty rupees.

3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the issue of share certificates is undertaken, and the Stamp Revenue Board shall dispose of it within one hundred and eighty days of its receipt.

4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Finance Department, Government of Rajasthan.

(Secretary to Government)