- 6 Marks
Question
State THREE (3) items that need to be in the register of members/shareholders of a company. (6 marks)
Answer
The company shall keep in Ghana a register of members/shareholders and enter in the register:
- The names and addresses of the members/shareholders and in the case of a company having shares, a statement of shares held by each member/shareholder, distinguishing each share by a number and the amount paid or agreed to be considered as paid on the shares of each member and the amount remaining payable on the shares.
- The date at which a person was entered in the register as a member.
- The date on which a person ceased to be a member.
- The stipulated time of entry shall be made 28 days after the conclusion of the agreement with the company to become a member, and in the case of a subscriber to the Regulations, within 28 days of the registration of the company.
(Section 32 of the Companies Act, 1963 ACT 179)
(2 marks each for 3 points stated = 6 marks)
- Tags: Company Law, Corporate Governance, Register of Members, Shareholders
- Level: Level 1
- Topic: Contract Law
- Series: NOV 2018
- Uploader: Dotse