sharesclaim

The process for issue of duplicate share certificate begins with the shareholder submitting a written application to the company, along with an affidavit, indemnity bond, and proof of loss or destruction of the original certificate. The company verifies the documents, notifies the stock exchange (if applicable), and publishes a public notice in newspapers to prevent fraudulent claims. After a waiting period, typically 30 days, and upon satisfaction of compliance, the company issues the duplicate share certificate to the applicant.