REGISTER
OF MEMBERS
[Section 88 of Companies Act
2013]
GENERAL
This
register provides details relating to the members of company, his name,
address, the number of shares held by him etc.
This register is required to be maintained as per the provisions of
section 88 of the Companies Act, 2013
The
details of Subscribers to the Memorandum of Association who are deemed to have
agreed to become members of the company, any person who has agreed in writing
to become a member of the company, and every shareholder and every person whose
name is entered as a beneficial owner in the records of the depository will be
entered in the Register of members. The importance of keeping the Register up
to date and accurate is, therefore, evident.
LOCATION
The
Register must be kept at the Registered Office of the Company.
INSPECTION
Any
member, debenture holder, other security holder or beneficial owner or any
other person may take extracts from any register/ index/ return without payment
of any fee.
TIME
FOR MAKING THE ENTRY
Entries
in the register should be made within 7 days after the Board of Directors or
its duly constituted Committee approves the allotment or transfer or transmission
of securities.
AUTHENTICATION
REQUIREMENT
Entries
in the Register should be authenticated by the secretary of the Company or by
any other person authorized by the Board for the purpose, by appending his
signature to each entry.
REGISTER
OF DIRECTORS, KEY MANAGERIAL PERSONNEL
[Section 170 of Companies Act
2013]
GENERAL
This
register provides details like name, address, date of appointment &
cessation and the details of securities held relating to the Directors, and Key
Managerial Personnel appointed in the Company. This register is required to be
maintained as per the provisions of section 170 of the Companies Act, 2013. The
Register of Directors and Key Managerial Personnel shall include the details of
securities held by each of them in:
- A
Company
- Its
Holding Company
- Its
Subsidiary Company
- Another
Subsidiary Company of the Company’s Holding Company
- Associate
Companies
LOCATION
This
register is required to be kept and maintained at the registered office of the
Company.
INSPECTION
The
register shall be open for inspection during business hours and the members
shall have right to take extracts therefrom and copies thereof, on a request.
The copies/ extracts shall be made available on a request, free of cost and
within 30 days. The registers shall also be kept open for inspection at every
Annual General Meeting of the Company and shall be made accessible to any
person attending the meeting.
TIME
FOR MAKING THE ENTRY
Entries
in the register should be made simultaneously with the appointment or reappointment
or cessation of Directors or Key managerial personnel and on acquisition of
shares by Directors or Key managerial personnel
AUTHENTICATION
REQUIREMENT
Entries
in the Register should be authenticated by the secretary of the Company or by
any other person authorized by the Board for the purpose, by appending his
signature to each entry.
REGISTER OF CONTRACTS,
ARRANGEMENTS IN WHICH
THE DIRECTORS ARE INTERESTED
[Section
189 of Companies Act 2013]
GENERAL
Every
Company is required to keep one or more registers which shall separately give
the particulars of all contracts/ arrangements in which a Director is directly
or Indirectly concerned or Related Party Transactions is applicable. It is
important to note that the particulars of the company or companies or bodies
corporate in which a Director himself together with any other director holds
two percent or less of the paid up share capital would not be required to be
entered in the Register.
LOCATION
This
register is required to be kept and maintained at the registered office of the
Company.
INSPECTION
The
register(s) shall be open for inspection at prescribed office during business
hours. Extracts there from and copies thereof requested by a member of the
company shall be furnished to a prescribed extent in a prescribed manner and on
payment of prescribed fees. Every Director in default in maintaining the
Register or in allowing its inspection shall be penalised with Rs. 25,000/-
penalty.
TIME
FOR MAKING THE ENTRY
The entries in the
register shall be made at once, whenever there is a cause to make entry, in
chronological order.
AUTHENTICATION
REQUIREMENT
Entries
in the Register should be authenticated by the secretary of the Company or by
any other person authorized by the Board for the purpose.
REGISTER
OF CHARGES
[Section 85 of Companies Act
2013]
GENERAL
This
register provides details relating to all charges specifically affecting
property of the Company and all floating charges on the undertaking or any
property of the Company. This register is required to be maintained as per the
provisions of section 85 of the Companies Act, 2013
LOCATION
This
register is required to be kept and maintained at the registered office of the
Company.
INSPECTION
The
register and the instruments shall be open for inspection during business hours
by any member or creditor without any payment of fees; or by any other person
on payment of prescribed fees.
The
inspection shall be subject to such reasonable restrictions as the company may
impose by its articles.
TIME
FOR MAKING THE ENTRY
The entries in the
Register of charges maintained by the Company shall be made forthwith after the
creation, modification or satisfaction of charge, as the case may be.
AUTHENTICATION
REQUIREMENT
Entries
in the Register should be authenticated by Director or the secretary of the
Company or by any other person authorized by the Board for the purpose.
REGISTER
OF INVESTMENTS NOT HELD IN ITS OWN NAME BY THE COMPANY
[Section 187 of Companies Act
2013]
GENERAL
Every
company shall, from the date of its incorporation, maintain a register in Form
MBP 3 and enter therein, chronologically the particulars of investments in
shares or other securities beneficially held by the company but which are not
held in its own name and the company shall also record the reasons for not
holding the investments in its own name and the relationship or contract under
which the investment is held in the name of any other person.
The
company shall also record whether such investment is held in Third Parties name
for the time being or otherwise.
LOCATION
This
register is required to be kept and maintained at the registered office of the
Company.
The
register shall be preserved permanently and shall be kept in the custody of the
company secretary of the company or if there is no company secretary any
director or any other officer authorized by the board for the purpose.
INSPECTION
The
register shall be open for inspection during business hours by any member or debenture
holder of the company without any payment of fees.
The
inspection shall be subject to such reasonable restrictions as the company may
impose by its articles or in general meeting.
TIME
FOR MAKING THE ENTRY
The entries in the
Register maintained by the Company shall be made forthwith after the investments
are made by the company and the details shall be entered chronologically
therein as the case may be.
AUTHENTICATION
REQUIREMENT
Entries
in the Register should be authenticated by the company secretary of the Company
or by any other person authorized by the Board for the purpose.
To know more, call us at 9871903449
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