Section 707 of The Companies Act No. 17 of 2015: Contents of annual return: information about share capital and shareholders

    

(1) A company having a share capital shall include in its annual return—(a) a statement of capital; and
(b) the particulars required by subsections (3) to (6) about the members of the company.
(2) The company shall ensure that the statement of capital states, with respect to its share capital at the date to which the return is made up—
(a) the total number of shares of the company;
(b) the aggregate nominal value of those shares;
(c) for each class of shares—
(i) the particulars prescribed by the regulations of the rights attached to the shares;
(ii) the total number of shares of that class; and
(iii) the aggregate nominal value of shares of that class; and the amount paid up and the amount (if any) unpaid on each share, whether on
account of the nominal value of the share or in the form of a premium.
(3) The company shall ensure that the return includes the particulars prescribed by the regulations of every person who—
(a) is a member of the company on the date to which the return is made up; or
(b) has ceased to be a member of the company since the date to which the last return was made or, in the case of the first return, since the incorporation of the company.
(4) The company shall also ensure that the return conforms to such requirements (if any) as may be prescribed by the regulations for the purpose of enabling the entries relating to a person to be easily located.
(5) The company shall further ensure that the return states—
(a) the number of shares of each class held by each member of the company at the date to which the return is made up; (b) the number of shares of each class transferred— (i) since the date to which the last return was made up; or
(ii) in the case of the first return, since the incorporation of the company, by each member or person who has ceased to be a member; and
(c) the dates of registration of the transfers.
(6) If either of the two immediately preceding returns of the company has giventhe full particulars required by subsections (3) and (5), the company need only give such particulars as relate—
(a) to persons ceasing to be or becoming members since the date of the last return; and
(b) to shares transferred since that date.
(7) If the company has converted any of its shares into stock, the company shall include in the return the corresponding information in relation to that stock, stating the amount of stock instead of the number or nominal value of shares.


Disclaimer: This document is not to be taken as legal advise.

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