Document background
The Affidavit For Loss Of Share Certificate is a fundamental document in Indian corporate practice, required when shareholders lose or misplace their original share certificates. It is mandated by the Companies Act 2013 and SEBI regulations as a prerequisite for obtaining duplicate share certificates. The document serves multiple purposes: it formally declares the loss of the original certificate, provides details of the lost shares, explains circumstances of the loss, and includes an indemnity clause protecting the company against potential misuse of the original certificate if found. The affidavit must be executed on appropriate stamp paper, varying by state, and must be notarized. Companies typically require this document along with additional supporting documentation such as FIR copies or public notices before issuing duplicate certificates.
