Register of members requirement: companies must maintain specified member particulars or face daily fines for non-compliance. Every company must maintain a register of its members recording name, address and occupation of each member; for companies with share capital, the shares held and amount paid or treated as paid (with share identification or depository notation as applicable); dates of entry and cessation as a member; and, where shares are converted to stock with Registrar notice, the amount of stock held in place of converted shares.
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Register of members requirement: companies must maintain specified member particulars or face daily fines for non-compliance.
Every company must maintain a register of its members recording name, address and occupation of each member; for companies with share capital, the shares held and amount paid or treated as paid (with share identification or depository notation as applicable); dates of entry and cessation as a member; and, where shares are converted to stock with Registrar notice, the amount of stock held in place of converted shares.
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