Methods,How,Attain,Membership, business, insurance Methods on How to Attain Membership of a Company


Global E-Health market is expected to reach USD 308.0 billion by 2022, according to a new report by Grand View Research Inc. The transition of the healthcare industry into digital healthcare system for management and analysis of patient heal How many times have you asked someone to do something like “draw up a plan for such and such project”? Your employee completes the plan, but then you say, “That is not what I wanted” or “That is not how you do it”. And so the employee


There is a misconception about attainment of membership of any company (Co) and who a member is. Are you also in this situation? Majority of people perceive that a person who holds the shares of a company is a member. But this is not hundred percent true because a person may be a holder of shares but she is not a member. A member is a person who has allowed his name to be listed in the membership register. You should be competent to enter into contracts in order to qualify for membership. Here are ways of acquiring membership: 1. Subscribers to the memorandum of association become original members of a company from the date of its incorporation.  If you subscribe to it, then you become a member. You won’t be required to apply for allotment and entry of your name in the register of members.2. If you agree to purchase qualified shares or be appointed as the first director of a public company, then you attain membership. 3. When you apply for shares and you are allotted the shares, then you can get your name listed in the register of membership. By getting your name on the register, you acquire membership. 4. Shares of a public company are freely transferable. When you purchase shares from a person in the open market and get them transferred to you through the execution of an instrument termed as share transfer form, then the transferors name is deleted from the register of membership and your name entered in it. This means that you acquired membership through transfer of shares.5. You can attain membership by succession. You can inherit the shares of the deceased, insane or insolvent member by only producing legal evidence of her entitlement and get your name listed in the register of membership.6. You can become a member by converting your share warrants into share certificates. When you request for the conversion and it’s accepted, then you can get your name listed in the register of membership.7. When you obtain allotment of shares for a consideration other than cash, then you attain membership if only you get your name listed in the register of membership. This happens if you accept shares for the services you rendered to the company or properties you had sold to it.8. You can be a member through an order of the court. Your name can be listed in the register of membership as per the order of the court.9. In case an existing equity share holder renounces her right shares to you as her nominee, then you can get your name listed in the register of membership.10. If you hold debentures and you apply to the company to convert them into shares and the application is accepted, then you become a member of that company after only getting your name listed in the register of membership.11. Lastly, you can attain membership through acquiescence or estoppel. This happens when you knowingly allow your name to remain in the register of members even after you have disposed of your shares or hold yourself as a member by making others believe that you are a member. You’ll be estopped from denying the fact that you are a member thus you become responsible for the liabilities of membership.

Methods,How,Attain,Membership,

business

Europe Construction Equipment Market (2020-2026)

Market Forecast By Types(Cranes (Mobile Cranes, Crawler Cranes, Tower Cranes), Earthmoving Equipment(Loaders, Excavators, Motor Grader)), Aerial Work Equipment(Articulated Boom Lifts, Telescopic Boom Lifts, Scissor Lifts), Material Handling ...

business

Raheja SCO Plots brings Commercial Space in Gurgaon

Being a financial and technology hub Gurgaon is a prominent place for commercial space. Raheja Developers just happens to be the most significant entities of the commercial real estate sector of India. Thanks to their outstanding construct ...

business

Find the Reliable and Qualified Packers and Movers

Have you decided to relocate somewhere in Mumbai and wanted to make a move? Well, you could be aware of the stress and hectic work associated with moving your things from one location to another. Either you make a move to the nearest locatio ...

business

Corporate video production and brand positioning

Corporate videos bring a touch to your marketing aspect. I have seen brands who are telling a compelling story in a more concise way. Here are some advantages to using corporate video for your brands.Videos are a fun way to describe your pro ...

business

Tips For Creating A Cleaning Company Logo

Your logo is the visual representation of your business and the first thing many potential customers will see. When global corporations are mentioned, people typically think of the company logo first. Nikes Swoosh, MacDonalds golden arches, ...

business

Learning from Five Common Accounting Mistakes

Most business owners spread practically all the nuts and bolts of business arranging aside from one significant angle that should be dangerous for their business-accounting. The idea among numerous new companies is that the accounting extens ...

business

Get To Know Everything About Kraft Bakery Boxes

Knowing the fact that all the bakery products ask fr durable and resilient packaging, you must also know that there are several ways to customize the right packaging. Now, for this, you have to team up with a packaging company that fulfils a ...

business

Here’s What Is The Purpose to Maintain Risk Register

Are you in need of knowing what a risk register is? Then you are here searching the result for your solution. It is sometimes known as the risk log. Corporate Risk Register is one of the project management tools that help the company and t ...

business

COVID-19: How it affects businesses and the economy

Updated Canadian economic forecastCanadas economic growth ground to a halt in the fourth quarter of 2019. With the economy already on precarious footing, the added shocks of the recent rail blockade protests, the arrival of COVID-19, and a c ...

business

How Secure is Internet of Things (IoT) - Experts Guide

IoT enables many new functionalities and possibilities to enhance living and business. However, more IoT leads to insecurity and responsibilities. IoT as a spectrum is growing and new technologies are implemented rapidly with an increase in ...

business

Reasons how company information saves your investments

What does company information include? Before you invest in a company or start a new business relationship with a client, it is vital to know everything relevant about them. Company information is any confidential data of a company that is ...