chapter 7

Question 1

Maintenance of Register of members

Answer 1

Section 88(1)(a) requires a register
of members to be maintained and that the holding of each class of equity
and preference shares by each member residing in or outside India will have
to be shown separately in the register of members.

Question 2

Time period for entries in register

Answer 2

entries have to be made
in the Register within 7 days of the date of approval by the Board or
Committee thereof by approving the allotment or transfer of shares,
debentures or any other securities, as the case may be.

Question 3

Place where register shall be maintained

Answer 3

the
registers shall be maintained at the registered office of the company unless a
special resolution is passed in a general meeting authorising the keeping of
the register at any other place within the city, town or village in which the
registered office is situated or any other place in India in which more than
1/10th of the total members entered in the register of members reside.