Q1028. Replacement of lost share certificate requires filing police report & advertising in the news media to notify public
Question: Dear Mr. Chand, Going through your FAQ - I applied for the nativity certificate and I did manage to get one as I had all the information I had while I was staying in Mumbai ( I got my OCI on this strength - Thank you ) Can you please let me know how I can file FIR - for my lost share certificates as the company wants me to file FIR to get the duplicate certificate - they also want me to advertise in the local paper. Your guideline will be appreciated.
Answer: FIR [first information report] refers to the procedure of filing a report with the local police. When filing a report for lost/missing share certificates you will be required to include the details of the lost share certificates, for example folio number., company name, share certificate number and distinctive number of shares . . . Get a copy of the FIR report as you will need this as proof of filing FIR. Advertising in the news media is required so as to notify the general public about the loss of the share certificates to prevent fraud/misuse and is required before duplicates can be issued. Some newspapers also have a special column in their classified ads section with the heading of lost share certificates for placement of such ads.
Information by Virendar Chand
Disclaimer
Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
