Standing Order No. 4844/2018 of the Education Department, Government of Rajasthan dated 3rd October, 2018 on the issue of share certificates [C1P-QTF]

Standing Order No. 4844/2018

GOVERNMENT OF RAJASTHAN

Education Department, Government of Rajasthan

Jaipur, dated the 3rd October, 2018

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 Education 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 A to the Stamp Revenue Board within ninety days, accompanied by a fee of ten rupees.

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

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

(Secretary to Government)