Maintaining Company

How do I transfer my shares?

  A share indicates the pecuniary interest of the shareholders and their rights and liabilities. Shares in a Company are freely transferable. For the purpose of transfer of fully paid-up shares, a Notice of Transfer of Shares (Companies Form 3) must be completed. Companies Form 18 must be signed by both the transferor and transferee. …

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How do I disclose the beneficial owners of shares held by shareholders in a company?

The company secretary and board of directors are responsible for ensuring that the company maintains and updates information on the beneficial ownership of all the shares of the company and their associated voting rights. Further, they have a duty to take reasonable steps to ensure that the share and beneficial ownership register is properly kept …

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Tell me about Annual Returns

What is an annual return? An Annual Return is a yearly statement that provides essential information about a company’s status. It gives a record of the nature of the company’s business, the location of its premises, its directors, secretary, and members, among others Why is it important to file an annual return? Annual Returns are …

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Can I increase my capital?

A company may, unless its articles provide otherwise, by special resolution, alter its share capital by increasing or reducing its share capital by new shares of such an amount as it thinks expedient. A reduction in share capital must be sanctioned by a court order. A Notice of Alteration in Capital (Form 11) and a …

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