The use of common seal at various places as approved and done is to be recorded in a register, it is called the register of common seal.
The companies are not mandatorily required to have a common seal as per the Companies Act, 2013 with the enactment of the Companies (Amendment) Act, 2015.
However, if the articles of association of a company make it compulsory on the company to have a common seal or the members approve to have a common seal by amending the articles, the company has to maintain one.
The companies are required to maintain a Register wherein the details of the Document(s), where Common Seal was affixed, has to entered.
A template of such a Register of Common Seal is given hereunder:
Sl.
No.
|
Date of affixing of the Seal
|
Name of Document
|
Date of board meeting -
authorizing the use of common seal
|
Name of signing authorised person
|
Place where the document was
sealed
|
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