MEMBERSHIP OF COMPANY

Who can be members of a company Any compitant

Modes to become member of company

By subscribing to the MOA By taking qualification shares BY allotment of shares By transfer of shares By transmission of shares Joint member

Who can be member of company

Any Competent A company Trustee Registered Society

Who cannot be member of company

Minor

Person of unsound mind Partnership firm Registered of member Index of member

Liabilities of member
Unlimited liability

Limited by guarantee Limited by shares

Rights of members
Statutory right

Documentary right Proprietary right Remedial right