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Seals are used primarily to authenticate documents, specifically those which carry some legal import. There are two main ways in which a seal may be attached to a document.

The seal is used to execute a legal document or guarantee the document's authenticity. A seal is unique to a sealer and is used by government agencies, corporations and notaries public to show that the document is validly executed, acknowledged or witnessed. [Last updated in June of 2022 by the Wex Definitions Team]

(2) "Sealed." A "sealed" record is a record that by court order is not open to inspection by the public. (3) "Lodged." A "lodged" record is a record that is temporarily placed or deposited with the court, but not filed.

Some of the documents you might want to use a company seal on include: employment and vendor contracts. minutes from Board of Directors meetings. leases. agreements of sale. loan documents. other commitments by the company.

The common seal is a stamped imprint of a company's legal name or name and state where its registered office is located. It is affixed on agreements and documents that act as evidence that an agreement, contract or document was executed by its authorised agents or officers on behalf of the company.

Common Seal Optional: Companies Act, 2013 required common seal to be affixed on certain documents (such as a bill of exchange, share certificates, etc.) Now, with The Companies (Amendment) Act, 2015 coming into force the common seal is no more mandatory.it has been made optional.

Under common law, documents that were signed under seal were considered more reliable and therefore given greater deference and protection under the law primarily in the form of a longer statute of limitations ? much longer. In some states, the statute of limitations for contracts signed under seal is 20 years.

Firstly, the following of the legal formality of affixing a seal to a document was evidence of the existence of a contract. Secondly, the need to use a seal ? widely known to have legal significance ? served to impress upon the parties the significance of the agreement being made.