The Indian Companies Act 1882, 6 of 1882, (Rep., Act 1 of 1956)

Section 35. Stamps on share-warrants

Repealed or not in force · As amended up to 2026-08

35. Stamps on share-warrants. Penalty for issuing share-warrant not duly stamped. Change of Name. 36. Power of Companies to change name. Articles of Association. 37. Regulations to be prescribed by articles of association. 38. Application of table A. 35. There shall be charged on every share-warrant a stamp-duty of an amount equal to three times the amount of the ad valorem stamp-duty which would be chargeable on an instrument transferring the shares or stock specified in the warrant if the consideration for the transfer were the nominal value of such shares or stock. [ACT VI [very of [subject [tled, on [o have [of mem. [or any [company [of any [fares or [at being [of [it [ing of [arposes [is [shall [speci- [anager [tion is [ect of [of its [then [as if [in the [ed in [by its [ow [war- [imes [which [g the [onsi- [e of [of [of [can] ] 1882.] Companies. If a share-warrant is issued without being duly stamped, the Company issuing the same, and also every person who, at the time when it is issued, is the managing director or secretary or other principal officer of the Company, shall forfeit the sum of five hundred rupees. Change of Name.

Source: India Code