5. Form of certificate
(1) Every certificate shall specify the name(s) of the person(s) in whose favor the certificate is issued, the shares to which it relates and the amount paid-up thereon.
(2) When any certificate is issued in any of the circumstances specified in rule 4, sub-rule (2), it shall state on the face of it and against the stub or counterfoil to the effect that it is “Issued in lieu of share certificate No ______ sub-divided/replaced/on consolidation of shares”.
(3) When any certificate is issued in any of the circumstances specified in rule 4, sub-rule (3), it shall state on the face of it and against the stub or counterfoil to the effect that it is a “duplicate issued in lieu of share certificate No. _______ “. Further, the word “duplicate” shall be stamped or punched in bold letters across the face of the share certificate.
