Dear Mr. Alok,
1. As per Companies ( Issue of Share Certificate ) Rules,1960 ; share certificate is required to be signed by two directors and an Authorised Signatory as may be authorised by the Board of Directors by passing a resolution.The Authorised Signatory can be any one including wife of a director.
2.For initial issue of shares i.e. at the time of incorporation of a Company, names of subscribers/ shareholders are mentioned on the last page of the Memorandum of Association of the Company . This is the permanent record of a company which can not be changed.
3.For all further allotment of shares there must be Board Resolution and Form-2 is required to be filed with Registrar of Companies.
4.Details of allotment /transfer of shares is available in the Annual Return filed by the Company with Registrar of Company.
5. In case of any dispute with another director,you are to file a Petition with Company Law Board under section 397& 398 of the Companies Act,1956 .
6.There are Supreme Court Rulings for further issue of shares which may be helpful to you.
Sunil K. Jain
Practising Company Secretary