Question

explain the following concepts 1. member of association​

Answer 1

Answer:

(1) A person who is a subscriber to the Memorandum of Association of a company and whose name is entered in the Register of Members of a company is called a member of the company. The term 'member' also includes equity shareholders whose name is entered as a beneficial owner in the records maintained by Depository.

Answer 2

Answer:

Where an association has adopted the Model constitution, a person is a member of an association if that person: has applied and been approved for membership in accordance with the procedure set out in the constitution. was a member of an unincorporated body immediately before its registration as the association

Explanation:

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