Query
This query is : Resolved
10 October 2014
in what way a 'MEMBER' of a company is different from that of a 'SHAREHOLDER' of the company
CS Mitesh Mehta
(Expert)
22 October 2014
Generally it is assumed that a person holding the shares of a company is a member of the same. But this perception is not actually correct. A person is called the member of a company if his name is included in the register of a company. A person remains the member of a company up to the time his name is not removed from the register of a company. However a shareholder means a company who is carrying the shares of that particular company. Various times it happens that the person carrying the shares of a company is not getting registered with the membership register of that company. In this particular case he is shareholder of a company but not the member of a company.
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