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Affidavit Of Lost Share Certificate

Affidavit Of Lost Share Certificate Template for Nigeria

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Key Requirements PROMPT example:

Affidavit Of Lost Share Certificate

"I need an Affidavit of Lost Share Certificate for 5,000 shares in Lagos State Development Corporation that were misplaced during an office relocation in January 2025; the document should include references to the police report and newspaper advertisements I've already published."

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Document background
An Affidavit of Lost Share Certificate is a crucial legal document required when a shareholder has lost or misplaced their original share certificate in Nigeria. This document is mandated by the Companies and Allied Matters Act 2020 and is essential for protecting both the shareholder's interests and the company's liability. It serves as a formal sworn statement detailing the circumstances of the loss, ownership verification, and the shareholder's commitment to return the original certificate if found. The affidavit must include specific information about the lost certificate, including share numbers, date of issuance, and company details. It also typically incorporates an indemnity clause protecting the company against potential claims arising from the issuance of a duplicate certificate. This document is particularly important in the Nigerian corporate environment where physical share certificates still hold significant legal weight and must be properly documented when lost or destroyed.
Suggested Sections

1. Title and Court Details: Specifies the court jurisdiction and type of affidavit

2. Deponent Information: Full name, age, occupation, and address of the person making the affidavit

3. Share Certificate Details: Specific details of the lost share certificate including certificate number, number of shares, company name, and date of issuance

4. Ownership Declaration: Statement confirming legitimate ownership of the shares

5. Circumstances of Loss: Detailed explanation of how and when the certificate was lost or destroyed

6. Search Efforts: Description of steps taken to locate the lost certificate

7. Non-Transfer Declaration: Statement that the certificate hasn't been sold, transferred, or pledged

8. Indemnity Statement: Declaration to indemnify the company against any claims arising from the issuance of a duplicate certificate

9. Prayer: Request for issuance of duplicate share certificate

10. Verification Statement: Standard affirmation of truth of the stated facts

Optional Sections

1. Joint Holder Details: Required when the shares were jointly held with other individuals

2. Police Report Reference: Include when a police report was filed regarding the loss

3. Previous Correspondence: Reference to any previous communication with the company about the loss

4. Newspaper Publication: Details of public notices if published regarding the loss

5. Litigation Declaration: Required if there are any pending legal proceedings regarding the shares

Suggested Schedules

1. Schedule A - Share Certificate Details: Detailed breakdown of share certificate information including certificate numbers, distinctive numbers, and number of shares

2. Schedule B - Supporting Documents: List of attached documents such as police report, newspaper publications, or correspondence with the company

3. Schedule C - Identity Documents: Copies of identity documents of the deponent

4. Appendix 1 - Search Advertisement: Copy of any newspaper advertisements placed regarding the lost certificate

5. Appendix 2 - Company Correspondence: Copies of relevant correspondence with the company regarding the lost certificate

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Financial Services

Banking

Insurance

Manufacturing

Energy

Telecommunications

Real Estate

Mining

Healthcare

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Relevant Teams

Legal

Corporate Secretarial

Compliance

Risk Management

Shareholder Services

Corporate Governance

Investment Relations

Corporate Affairs

Securities Administration

Regulatory Affairs

Relevant Roles

Company Secretary

Legal Counsel

Corporate Governance Officer

Compliance Officer

Share Registrar

Legal Director

Corporate Services Manager

Shareholder Relations Manager

Risk Manager

Chief Legal Officer

Investment Relations Officer

Corporate Affairs Manager

Board Secretary

Securities Administrator

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