law: Companies Act, 2013 
  46.
  
    Certificate
  
  of shares. 
  
  1.      A certificate, issued
  
  under the common seal of the company, specifying the shares held by any person,
  
  shall be prima facie evidence of the title of the person to such shares.
  2.      A duplicate
  
  certificate of shares may be issued, if such certificate —
  a.     
  
    is
  
  proved to have been lost or destroyed; or
  b.    
  
    has
  
  been defaced, mutilated or torn and is surrendered to the company.
  1.     
  2.     
  3.      Notwithstanding
  
  anything contained in the articles of a company, the manner of issue of a
  
  certificate of shares or the duplicate thereof, the form of such certificate,
  
  the particulars to be entered in the register of members and other matters
  
  shall be such as may be prescribed.
  4.      Where a share is held
  
  in depository form, the record of the depository is the prima facie evidence
  
  of the interest of the beneficial owner.
  5.      If a company with
  
  intent to defraud issues a duplicate certificate of shares, the company shall
  
  be punishable with fine which shall not be less than five times the face value
  
  of the shares involved in the issue of the duplicate certificate but which may
  
  extend to ten times the face value of such shares or rupees ten crores
  
  whichever is higher and every officer of the company who is in default shall be
  
  liable for action under section 447.