Law library · Sierra Leone · The Companies Act, 2009
Section 69, The Companies Act, 2009
In forceThe Companies Act, 2009, Sierra Leone
(1) Every company shall keep a register of its membersand enter in it the particulars required by this section.
(2) There shall be entered in the register–
(a) the names and addresses of the members;
(b) the date on which each person was registered
as a member; and
(c) the date at which any person ceased to be a
member.
(3) The following applies in the case of a company having
a share capital:–
(a) with the names and addresses of the members
there shall be entered a statement–
(i) of the shares held by each member,
distinguishing each share by its number
(so long as the share has a number) and,
where the company has more than one
class of issued shares, by class; and
Right of
member to
attend
meetings
and vote.
ceasing to
have
Personation
of members.
Obligation to
keep up and
enter register.
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(ii) of the amount paid or agreed to be
considered as paid on the shares of each
member;
(b) where the company has converted any of its
shares into stock and given notice of the
conversion to the Commission, the register
shall show the amount and class of stock
held by each member, instead of the amount
of shares and the particulars relating to
shares specified in paragraph (a).
(4) In the case of a company which does not have a share
capital but has more than one class of members, there shall be entered
in the register, with the names and addresses of the members, the
class to which each member belongs.
(5) If a company defaults in complying with this section,
the company and every officer of it who is in default is liable to a
default fine and, for a continued contravention, to a daily default fine
of Le500,000
(6) Any entry relating to a former member of the company
may be removed from the register after the expiration of 10 years from
the date on which he ceases to be a member.
(7) Liability incurred by a company from the making or
deletion of an entry in its register of members, or from a failure to
make or delete the entry, is not enforceable more than 10 years after
the date on which the entry was made or deleted or, in the case of
such failure, the failure first occurred.
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