Articles-72
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The Companies Act, 1956 imparts so many
rights to the members of each Company. But many of them are unaware of such
rights. I think the only right about
which they are aware is the receipt of dividend. They do know that the power
to declare dividend is bestowed on them. It is not possible to educate all
the investors regarding the legal and procedural aspects of various
activities of the Companies. That is why the Government established various
professional bodies and through such bodies, the Government tries to bring a
control over the activities of the Companies. So professionals such as Company
Secretaries, Chartered Accountants and Cost accountants should be loyal to
the members of the Company, Government and should act within the purview of
their mother institutes.
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Certainly, the professionals as employees
should be loyal to the employers and management. Their loyalty should to save
the employer from falling victims of illegal activities and non-compliances
of various Laws.
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This is a list of registers of a Company,
which can be inspected by a member as per the Companies Act, 1956.
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1.
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Register of
investment not held in Company’s name
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Section 49
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2.
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Register of charges
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Section 144
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3.
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Register of members
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Section 150, 151
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4.
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Register of
debenture holders
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Section 152
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5.
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Foreign Register of
members
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6.
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Minute book of
General Meeting.
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Section 195
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7.
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Register of
contracts in which directors are interested.
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Section 301
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8.
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Register of directors
share holding
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Section 307
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9.
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Register of directors,
Managing Director, Manager,Secretary
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Section 303
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10.
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Register of loans
and investments
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Section 372A
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