Company seals in Bulawayo are used by companies to seal documents as a means of protection against forgery.
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A seal is of legal significance because the affixing of the seal signifies that the document is an act and deed of the company, whereas when a document is merely signed by a director, then that is deemed to be an act carried out on behalf of the company by its agents, which is subject to applicable restrictions and limitations.
Corporate seals are generally only used for two purposes by corporations today:
- Documents which need to be executed as deeds (as opposed to simple contracts), may be executed under the company's common seal
- Certain corporate documents, for example share certificates are often issued under the company seal (and some countries required that share certificates be issued under the common seal).