Company Registers Help System

Issue and Allotment of Shares

CIPC does not record the allotment and issue of shares under the new Companies Act.  The company has to keep record thereof.
 
You Require:
 
  • If the board of directors does not have powers to issue shares, a special resolution by shareholders will be prepared to delegate authority to the board of directors.
  • To prepare board resolution to allot and issue shares.
  • To complete CM15 and place on file.
  • To issue share certificate.
  • To update securities register.