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        Companies Law

        Section 41 - Definition of 'member'.

        Companies Act, 1956
        Chapter II
        INCORPORATION OF COMPANY AND MATTERS INCIDENTAL THERETO

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        Definition of member: membership arises from memorandum subscription on registration, written agreement with register entry, or depository beneficial ownership entry. Section 41 deems subscribers to the memorandum who are entered on registration, persons who agree in writing and are entered in the register, and persons holding equity share capital recorded as beneficial owners in depository records to be members of the company.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Definition of member: membership arises from memorandum subscription on registration, written agreement with register entry, or depository beneficial ownership entry.

                              Section 41 deems subscribers to the memorandum who are entered on registration, persons who agree in writing and are entered in the register, and persons holding equity share capital recorded as beneficial owners in depository records to be members of the company.


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