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Can power to issue Certificate be delegate.

Posted By : Mahima Jain / Published on : 10-Apr-2023 04:28 AM / View : 589 / Comments : 2

Hello Professionals

Section 46 read with the Companies (Share Capital and Debentures) Rules, 2014 requires passing of Board Resolution for issuance of share certificates. Under the Companies Act, 1956 such power could be delegated to a Committee of the Board. Companies Act, 2013 is silent on this issue?
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