Repealed or not in force · As amended up to 2026-08
29. No notice of any trust, express, implied or congtructive, shall he Entry of trusts on[entered on the &egister or be receivable by the Registrar in ] Register. the case of Companies under thiS Act and registered in British India.
`30.` A certificate under the common seal of the Company, specifying any or *hares shn~e or shams or stoclr lield by any inember of a Company, or stock. shall be prima" facie evidence of the title of the member to , the share or shares or stock therein specified.
31. The Register of Members, commencing from the date of the registraInspection of egis-[tion of the Company, shall be kept at tlie registered Office of ] ter. the Company hereinafter mentioned. Except when closed as hereinafter mentioned, it shall, during business hours, but subject to such 'easonable restrictions as the Company in General Meeting may impose, so that. not less than two hours in each day be appointed for inspection, be open to the inspection of any member gratis, and to the inspection of any other person on the payment of one rupee or such less sum as the Company may prescribe for each inspection. Every such member or other person may require a copy of such Rogistcr, or of any part thereof, or uf such list or sumuztry of members as is hereinbefore mentioned, on payment of two annas for every hundred words required to be uupied. If such inspection or copy is ref~~sed, the Company shall incur for each refusal a penalty not exceeding fifty rupees, and a further penalty not exceeding twenty rupees for every day during rvhich such refusal continues. Every Director and Manager of tho Company ~vho shall knowingly authorize or permit suc11 refusal shall incur the like penalty. I n addition to the above penalty, any Judge of a High Court may by order compel an immediate inspection of the Register. -
32. Any Compni y 1mcTcr this Acl mayi upon giving uotice hy sdvortiso~'orvcr tu close Itegismerit, in some nenrspapcr circulating in thc District in nrllich ter. the registered Office of the Coml3any is situated, closc the
Ztegisbes
ACT No. X OF 1866
Register of Nembers for any time or t i p s not exceeding in the whole thirty 'days in each yeas.
`33.`[Where a Company has a capital divided into shmes, whether such ] Notice of increase shares may or may not have been converted into stock, of members capit" to be and given of notice of any increase in such capital beyond the registered to Registrar. capital, and, where a Company has not a capital divided into shares, notice of any inmease in the number of members beyond the registered number, shall be given to the Regist~ar, in the case of an inmease of capital within fifteen days from the date of the passing of the Eesolution by which such incresse has been authorized, and in the case of an increase of members within ateen days from the time at which such increase of members has been resolved on or has taken place, and the Registrar shall forthwith record the amount of such inc~oase of capital nl: members, If such notice is not given within the period aforesaid, the Company in default shall i n c u ~ a penalty not exceeding one hundred rupees for every day during mhich such neglect to give notice continues, and evwy Tlirector and Nanager of the Company, who shall knowingly and wilfully authorize or permit such default, shall incur the like penalty.
4 If the name uf any person is witliout sufficient cause entered in, or omitted from, the Register of Members of any Company Remedy for impro' per entry or omission under this Act, or if default is made, or unnecessary delay of entry in Register. takes place, in entering on the Register the fact of any person having ceased t o be a member of the Company, the person or member aggrie~ied, or ally member of the Company, or the Comlrany itself, may, by aplrlica~ tion to the principal Court of original Civil jurisdiction in the District or place in which the registered Office of the Company is situate, apply for an orde~ of the Court that the Register may be rectified ; and the Cou~t niay either refuse such application, vitli or without costs to be paicl `By` the applicant, or it iuq, if satisfied of the justice of tlie case, make an order for the rectification of tlie Register, and may direct the Company to pay all the costs of such application, a ~ c l any damages the party aggrieved may have sustained. Tlle Court may in any procecding under this Section decide on any questioil relatihg to the title of any person who is a party to such proceeding to have his name entcrcd in, or oiiiitted from, the Begistel*, whether sucl~ question arises betweell two or ~ O Y C ~iiciube~a or allegcd members, or bct~veeu any monibc~s or alleged illembers ancl the Co~npany, ailcl geilerally thc Court UlRI\;, in ally suol; procecding, decide any question that it ,may be neccasq ou cxpedim~t to clcciclc for the rectification of tho liegist-e~ ; providecl that the C0.ul.l may
,
a
clirect
`.&OT` No: X OF `1866,`
direct an issue to be tried in which any question of law may be raised,' and an appeal in the manner directed by the Code of Civil Procedure shall lie.
35. Whenever any order has been made for rectifying the Registep in the
case of a Company hereby required to send a list of its members to the Registrar, the Court shall, by its order, direct that due notice of such rectification be given to the Registrar.
Notice to Registrar of rectification of Re- members to the Registrar, the Court shall, by its order, gister. .
36. The Register of Members shdl be prima* f&e
evidence of any
Register `to` he evi- matters by this Act directed or authorized to be insertad
dence. therein,
Ziability `of` Members,
Source: India Code