Difference between shareholders and members
This query is : Open
Anees K Pareed
(Querist)
17 October 2018
sir
what's the difference between shareholders and members under Companies Act
CS Mitesh Mehta
(Expert)
17 October 2018
A member is one of the Company’s owners whose name has been entered on the register of members of that Company. Every person holding equity share capital of company and whose name is entered as beneficial owner in the records of the depository shall be deemed to be a member of the concerned company.
A shareholder is a person who buys and holds shares in a company having a share capital. They become a member once their name is entered on the register of members.
A shareholder is a person who buys and holds shares in a company having a share capital. They become a member once their name is entered on the register of members.
Anees K Pareed
(Querist)
17 October 2018
Thank you sir
By Anees K Pareed
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