Index of names requirement mandates registers to include folio-based indices and simultaneous entries on allotment or transfer. Index of names must be included in every register under section 88(1), with for each folio sufficient indication to locate related register entries; maintenance of an index is unnecessary where membership is under fifty; companies must make index entries simultaneously with entries for allotment or transfer of any security in the register.
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Index of names requirement mandates registers to include folio-based indices and simultaneous entries on allotment or transfer.
Index of names must be included in every register under section 88(1), with for each folio sufficient indication to locate related register entries; maintenance of an index is unnecessary where membership is under fifty; companies must make index entries simultaneously with entries for allotment or transfer of any security in the register.
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