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Shareholders' Register

This query is : Resolved 

14 September 2020 According to section 88 of the Companies Act, every company needs to maintain a register of members. Failing to do so will attract penalty under subsection 5 of section 88.

For a private limited company, (where the transfers are not very frequent) is there any requirement to file the updated list with the ROC/MCA ?

If yes, then what is the time limit for filing this information with the ROC/MCA ?

Regards
Samik Dhar

27 October 2020 Details of transfer need to be reported in Annual Return to be filed with ROC.



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