Secretarial practice

Bibliographic data

Monograph

Identifikator:: 1828236004

URN:: urn:nbn:de:zbw-retromon-249926

Document type:: Monograph

Title:: Secretarial practice

Edition:: fourth edition

Place of publication:: Cambridge

Publisher:: W. Heffer & Sons Ltd

Year of publication:: 1930

Scope:: viii, 987 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Monograph

Structure type:: Chapter

Title:: Chapter IX. Other matters relating to shares

Collection:: Economics Books

vOo2 SECRETARIAL PRACTICE (2) the number of shares held by each of the present members at the date of the return (z.e. on the fourteenth day mentioned above); particulars of shares transferred since the date of the last return (or in the case of the first return since the incorporation of the company) by (a) present members, and (b) the past members referred to above; (4) the dates of registration of all such transfers. If the names are not arranged in alphabetical order an index must be annexed. If the company has converted any shares into stock, and given notice of such conversion to the Registrar, the list must state the amount of stock held by each existing member instead of the amount of shares and the particulars relating to shares required by the section. The wording of the proviso might suggest that particulars of transfers of stock are not required; but the form set forth in the sixth schedule read with the notes thereto indicates that particulars of transfers of stock must be given. The above provision only becomes operative if notice of the conversion has been given to the Registrar. Under s. 5I, omission to give notice to the Registrar exposes the company and its officers to penalties, but does not invalidate the resolution. It is therefore difficult to see what is to be done if shares are converted into stock but for some reason, e.g. inadvertence, notice of such conversion is not given to the Registrar. The annual return must be completed within twenty-eight days after the first or only general meeting of the year, and should therefore, in the case of large companies, be put in hand as early as possible, as a copy of it, signed by a director or the manager or secretary, must be forwarded to the Registrar forthwith. The work of preparing the return is very much reduced by an addressing machine which is now in general use in company offices of any size. The Registrar will accept an annual return made up by an addressing machine even though the order of the christian names and surnames is reversed from that given in the sixth schedule to the Act. The loose- leaf register is also very useful in preparing a lengthy return. The return must state the address of the registered office and must contain a summary, which, besides distinguishing between shares issued for cash and shares issued as fully or partly paid up otherwise than in cash, must specify a number of particulars, which may readily be ascertained

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