is public company which is listed having RTA (registrar and share transfer agent) require to maintain register of member under section 150 (1) of the company act,1956.
21 July 2012
In respect of shares in demat form, held by depository, the depository must keep a register of member pursuant to section 11 of the depositories Act. Therefore, the concerned company need not keep a register of members in respect of beneficial owners of the shares held by the depository.
21 July 2012
Further note that Keeping of Register of Members at the office of Registrar & Share Transfer Agents, special resolution required to be passed.
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