Indemnity for lost share certificate
Indemnity from a shareholder for a lost or destroyed share certificate. This indemnity covers alternative situations depending on whether or not the shareholder is also at the same time transferring shares covered by the lost or destroyed certificate.
Read moreWhen do I use this document?
- if a shareholder has lost its original share certificate or it has been destroyed
- if applicable, in conjunction with a transfer of the shares covered by the lost or destroyed certificate
What are the key features?
- different forms of indemnity, depending on whether the shareholder is also transferring shares
- alternative forms of indemnity, depending on whether the shareholder is an individual or a company
What else do I need to know?
By law, shareholders are entitled to receive an original share certificate from the company for the shares they hold, whether these shares were acquired following an allotment or a transfer of shares.
If a shareholder loses their share certificate or it has been destroyed, they can request a replacement certificate from the company. Typically, the company will require an indemnity for lost share certificate, under which the shareholder agrees to indemnify the company against any loss resulting from issuing the replacement certificate.
When transferring shares, the transferring shareholder should provide the company with the original share certificate for the shares being transferred. If this has been lost or destroyed, the shareholder may instead provide a lost share certificate indemnity, under which the shareholder agrees to indemnify the company against any resulting from the approval and registration of the share transfer without the production of the original share certificate.
When do I use this document?
- if a shareholder has lost its original share certificate or it has been destroyed
- if applicable, in conjunction with a transfer of the shares covered by the lost or destroyed certificate
What are the key features?
- different forms of indemnity, depending on whether the shareholder is also transferring shares
- alternative forms of indemnity, depending on whether the shareholder is an individual or a company
What else do I need to know?
By law, shareholders are entitled to receive an original share certificate from the company for the shares they hold, whether these shares were acquired following an allotment or a transfer of shares.
If a shareholder loses their share certificate or it has been destroyed, they can request a replacement certificate from the company. Typically, the company will require an indemnity for lost share certificate, under which the shareholder agrees to indemnify the company against any loss resulting from issuing the replacement certificate.
When transferring shares, the transferring shareholder should provide the company with the original share certificate for the shares being transferred. If this has been lost or destroyed, the shareholder may instead provide a lost share certificate indemnity, under which the shareholder agrees to indemnify the company against any resulting from the approval and registration of the share transfer without the production of the original share certificate.
£25.00 exc VAT
Updated by a lawyer on 03/11/2022
- Updated By a lawyer on
- Guidance notes included
- No hidden extras
- Easily customisable
Create your document in 3 Easy Steps
- Download
- Customise
- Share & Sign
PaperRock offers affordable, legal document templates, written by experienced and expert lawyers, trusted by businesses across the UK and beyond. No hidden charges or trial sign-ups are required to complete your document.
“I have worked in legal and business affairs for over 25 years and need access to a wide range of corporate and commercial legal precedents. Paperrock is a refreshing source of high-quality legal templates. Superb value for money.”
Amanda | Bannister Creative
£25.00 exc VAT
- Written by expert lawyers
- Quick to download
- Easy to customise
- No hidden extras
- free re-downloads
“It’s hard to find legal documents on the internet you can really trust. Knowing an expert lawyer has drafted what I need, gives my business the edge and gives me peace of mind.”
Elle, Founder | Winslow skincare & aesthetics.
“As an SME Paperrock saves us the legal fees we’ve previously had to spend. In these challenging times that's a big help. Great products and support.”
Giles, MD | Boniti Ltd.
Related Articles
Sorry, we couldn't find any posts. Please try a different search.
![experienced-lawyer.png](https://paperrockdocs.com/wp-content/uploads/2024/07/experienced-lawyer-272x300.png)
![easy-to-customize.png](https://paperrockdocs.com/wp-content/uploads/2024/07/easy-to-customize-260x300.png)
![guidance-included.png](https://paperrockdocs.com/wp-content/uploads/2024/07/guidance-included-242x300.png)
![affordable-expertise-1.png](https://paperrockdocs.com/wp-content/uploads/2024/07/affordable-expertise-1-278x300.png)