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Questions and Answers
What is the primary purpose of Rule 3(1)?
What is the primary purpose of Rule 3(1)?
What does Rule 4 primarily deal with?
What does Rule 4 primarily deal with?
Which rule provides guidelines for the authentication of entries in the registers?
Which rule provides guidelines for the authentication of entries in the registers?
What is the primary purpose of Rule 7?
What is the primary purpose of Rule 7?
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What does Rule 5(2) specify?
What does Rule 5(2) specify?
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What is the primary purpose of Rule 5(8)?
What is the primary purpose of Rule 5(8)?
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Study Notes
Register of Members and Security Holders
- A register of members, debenture holders, and other security holders must be maintained, with specific requirements outlined in Rule 3(1).
- The manner of making entries in the register, including the details to be recorded, is specified in Rule 3(2).
- The register can be maintained in electronic form, with guidelines provided in Rule 4.
Particulars to be Entered in the Registers
- Particulars to be entered in the register of members are specified in Rule 5(1).
- Particulars to be entered in the register of debenture holders are outlined in Rule 5(2).
- Particulars to be entered in the register of other security holders are outlined in Rule 5(3).
Authentication, Indexing, and Preservation of Registers
- Authentication of entries in the registers is guided by Rule 5(6).
- Indexing of the registers is specified in Rule 5(7).
- Registers must be preserved for a specified period, with guidelines provided in Rule 5(8).
Inspection of Registers and Fees
- Inspection of the registers is covered in Rule 5(4) and (5).
- Fees payable for inspection of the registers are outlined in Rule 5(4) and (5).
Register of Directors and Key Managerial Personnel
- The maintenance and inspection of the register of directors and key managerial personnel and their shareholding are covered in Rule 7.
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Description
Summary of Rules 3 and 4 of the Companies Act 2013, covering requirements for maintaining a register of members and debenture holders, and the manner of making entries.
