Register of Members requires specified entries for share allotments and transfers and authentication by company secretary. The Register of Members under the Companies (Issue of Share Certificates) Rules, 1960 sets out required entries: member identity and membership dates; allotment and transfer particulars including folio and certificate numbers, distinctive share numbers, nominal values, amounts due and paid on allotment or calls, and resulting share balances; and states that all register entries must be authenticated by the Secretary or the person appointed by the Board to sign share certificates.
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Register of Members requires specified entries for share allotments and transfers and authentication by company secretary.
The Register of Members under the Companies (Issue of Share Certificates) Rules, 1960 sets out required entries: member identity and membership dates; allotment and transfer particulars including folio and certificate numbers, distinctive share numbers, nominal values, amounts due and paid on allotment or calls, and resulting share balances; and states that all register entries must be authenticated by the Secretary or the person appointed by the Board to sign share certificates.
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