According to the Company registration in electronic city every limited company should be having a register of members and make sure it is kept staying current at all times.
This forms a person of a set of different company registers which everything should be conserved.
It consists of information on past and present shareholders, and also providing a continuous record and details of proprietorship since the company’s incorporation.
A person is not legitimately considered to be a company shareholder unless and until their name is recorded into the register of members.
Although a share certificate is an important document and the report for the record share proprietorship, it is actually the register of members which obeys as verification of a member’s shareholdings.What information needs to be kept in the register of members?As per the Company Registration consultants in electronic city the following details must be preserved and consistently updated in a company’s register of members: Addresses and names of all the membersthe date on which every person was registered as a memberthe date at which any person concludes to be a memberIn the case of a company maintaining a share capital, there must be recorded in the register, with the addresses and names of the members, a statement of: the shares supported by each member, differentiating each share –by its number as far as so long as the share has a unique number, andwhere the company has more than a single class of provided shares, by its class, andthe agreed or amount paid to be examined as paid on the shares of each member.Other required details that must be recorded in this document include: If the company has transformed any of its shares into stock, and given awareness of the conversion to Companies House, the class and amount of stock are supported by each member instead of the number of shares and the particulars relating to shares.Company Registration Services in Electronic city in the case of shared holders of stocks or shares in a company, the company’s register of members should mention the names of each and every joint holder.
However, only the address of one of these joint holders needs to be documented.If in case of a company that does not have a share capital but has more than a single class of members, with the addresses and names of the members, a detail of the class to which each member attached.Details of any movement of shares.Details of allocation of new shares.Details of any shares detained in treasury.