How to know what must be included in the share register
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Shareholding is not recorded by CIPC, so it is the directors’ responsibility to ensure that the share register remains available and up-to-date. All share transactions pertaining to the company since its incorporation must be clearly and accurately recorded and include all the details pertaining to the shareholders and their respective allotments/transfers and cancellations.
These details include the following:
- Full name/company name/trust name of the shareholder
- ID number/passport number/registration number/trust number of the shareholder
- Residential address/registered address/physical address of the shareholder
- The names and descriptions of the share classes
- The total number of shares issued/transferred
- The date the transaction occurred
- The corresponding share certificates
- The total shares currently in issue
- The total authorised shares
- The total amount paid or price per share
Updated on: 23/05/2023
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