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A Register of Members (Shareholders) and Share Ledger is a crucial statutory record that companies must maintain, which contains comprehensive details about the company's shareholders, such as their names, addresses, classes of shares held, denomination, etc. This register may serve as an official record of the company’s ownership structure and is essential for legal compliance, shareholder communication, decision-making and voting processes.
The entire document is divided into several sections, each serving a specific purpose. The first section is the 'Account Job Company Account Company Reg No' section, which provides general information about the company, such as its account job and registration number.
The next section is the 'Register of Members (Shareholders) and Share Ledger' section, which is the main focus of this document. It contains detailed information about each member, including their name, class of share, address, denomination, dividends, date of entry as a member, and date of cessation of membership. This section also includes columns for date of allotment or entry of transfer, reference in the register, number of share certificate, amount paid or agreed to be considered as paid, acquisition, disposal, balance, and remarks.
The last sections of the document are 'Allotments' and 'Transfers', which provide information about any allotments or transfers of shares that have taken place.
Overall, this document is essential for maintaining an accurate record of the company's shareholders and their shareholdings. It ensures transparency and accountability within the company and can be used for various purposes, such as issuing dividends, conducting shareholder meetings, and making important business decisions.
1. Open the document titled 'Register of Members (Shareholders) and Share Ledger'.
2. Fill in the 'Account Job Company Account Company Reg No' section with the relevant information about the company, including its account job and registration number.
3. Proceed to the 'Register of Members (Shareholders) and Share Ledger' section.
4. For each member, enter their name, class of share, address, denomination, dividends, date of entry as a member, and date of cessation of membership.
5. Fill in the columns for date of allotment or entry of transfer, reference in the register, number of share certificate, amount paid or agreed to be considered as paid, acquisition, disposal, balance, and remarks.
6. If there have been any allotments or transfers of shares, go to the 'Allotments' or 'Transfers' section and provide the necessary details.
7. Review the completed document for accuracy and completeness.
8. Save the document for future reference and use in various company activities, such as issuing dividends, conducting shareholder meetings, and making important business decisions.