Share Ledger
"Is registration in the share ledger mandatory?"
Quick Answer
The official statutory book maintained by a company recording the names, addresses, and shareholdings of its registered shareholders.
Scope and Legal Distinctions
The share ledger records the company's recognised shareholders and specified rights. It is not a public trade-registry record or a replacement for every transfer formality.
What to Check in Practice
Check entries against transfer documents, approvals and share certificates; retain the supporting basis for changes rather than updating ownership informally.
Sources & Authorities
Statutory framework and official guidance for this definition.
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