How to Get Share Certificates in Nepal

If you’re a shareholder or planning to invest in a company in Nepal, getting a share certificate is an important step. A share certificate is an official document issued by a company that proves ownership of shares by an individual or organization.

In this blog, we’ll walk you through what a share certificate is, why it’s important, and how to get one in Nepal.

What is a Share Certificate?

A share certificate is a legal document that certifies that the holder owns shares in a company. It includes key information like:

• Shareholder’s name
• Number of shares held
• Date of issue
• Company seal and authorized signature

In the Nepali language, it’s called “Share Lagat” (शेयर लागत).

It serves as proof of ownership and is often required during share transfers, company audits, and legal proceedings.

Why Do You Need a Share Certificate in Nepal?

In Nepal, the Company Act requires private and public companies to issue share certificates to shareholders. A share certificate is important because:

• It confirms your legal right as a shareholder
• It’s needed when you transfer shares
• It’s a required document in company valuation or due diligence
• It protects your investment and provides transparency

Who Issues Share Certificates?

Share certificates are issued by the company itself, usually by the Board of Directors after share allotment or transfer.

5 Steps to Get a Share Certificate in Nepal

Here’s a step-by-step process to get your share certificate in Nepal:

1. Share Allotment or Transfer Approval

The company must first approve the share allotment or transfer through a Board Resolution.

2. Prepare Share Certificate Format

Prepare the certificate as per the format approved by the Office of Company Registrar (OCR). It must include:

• Shareholder’s full name and address
• Number and type of shares
• Certificate number
• Date of issue
• Authorized signatures
• Company seal

3. Board Resolution for Issuance

The Board of Directors must pass a resolution to issue the share certificates.

4. Issuance and Record Keeping

Once prepared, the certificate is signed, sealed, and handed over to the shareholder. A copy is also kept in the company’s records.

5. Update Share Register

Make sure the shareholder’s details are updated in the Share Register maintained by the company.

How Long Does It Take to Get a Share Certificate?

Usually, a share certificate should be issued within 30 days from the date of share allotment or transfer, as per the Company Act of Nepal.

What If You Lost Your Share Certificate?

If your share certificate is lost or damaged:

1. Report the loss to the company immediately
2. Submit a written application with necessary documents
3. The company may publish a public notice
4. A duplicate certificate will be issued after verification

Share Certificate Sample In Nepali