Split Line Certificate For Free

You should send the documents to the company / registrars for issue of duplicate share certificates accompanied by, affidavit, indemnity & surety bond and original copy of FIR of police complaint reporting loss of share certificates and voucher copy of advertisement released in the government gazette publication ...

The Chairman informs the Board about the Split of Share of the specific shareholder. Details of share certificate which has to be split is discussed in the Board Meeting and a resolution has to be passed regarding the same and also taken on record.

No stamp duty is payable on split....in the new share certificate you must mention that this certificate is issued in lieu of Cert No......

Stamp duty can be paid at Sub-registrar office or a bank(you need check locally as not all banks are authorised for this) by way of franking or by e-stamp paper. Revenue stamps are not available in Karnataka. Stamp duty is Re 1 per Rs1000 value including premium if any.

A company issues share certificates to every shareholder of the Company. The split of Share Certificate means dividing one share certificate into various share certificates. Once Share split is done and new share certificates are issued, an old share certificate shall stand cancelled.

Step 2: After receiving the request letter from the shareholder, the Company shall pass a Board resolution for splitting of the share certificate. Step 3: After approving the split of share certificate, Company shall issue Share Certificate split in lieu of the Original share certificate.

Only during a transfer the Stamp duty is paid and not anytime other than that so split does not require the stamp duty at all.