Add a Non-Share Member (Limited by Guarantee Companies)

  • Updated

Details

This article will guide you through adding a Non‑Share Member in CAS 360 for companies limited by guarantee or limited by shares & guarantee.

CAS 360 will also generate the relevant documents, including Members' and Directors' Resolutions.

Who is this for?

Non‑Share Members apply to:

  • Companies Limited by Guarantee, or
  • Limited by Shares & Guarantee

These companies do not issue shares to members but still maintain a register of members and require documentation for member appointments.

Navigation

From the Main Toolbar, go to Company.

1.png

Select the Company from the list. 2.png
Select Members / Shareholders.

If the Company is only Limited by Guarantee, this will only display as Members.
A.pngB.png

For Companies Limited by Guarantee only click 3.png.

For Companies Limited by Shares and Guarantee, click 4.png, then select Non-Share Member.

Instructions

CAS 360 will display the Members screen.

Field Explanation
Effective Date
Input the date for the guarantee of the member.
Ceased Date
Input the cessation date for the member.
Member

In the Member field, begin typing the new member's name. CAS 360 will search the Global Contacts screen for the person. If the contact has not been previously added to the Global Contacts screen, 5.png will display.

Click 5.png to add a new contact.

Currency Select the currency.
Guarantee Amount
Input the guarantee amount, including decimals.
Meeting Status
Select the meeting status of the member that will display on the Resolutions.
Notes Add extra notes which will show on the Register of Members.
Certificate Details Click 6.png to add information relating to the certificate location and Unique Numbers
Certificate Type
CAS 360 will automatically select Transaction. Leave as is.
Certificate Number
This will be the share certificate number. CAS 360 will automatically pre-fill a number based on previous transactions. 

Click 7.png

Forms Prepared

CAS 360 will display the Document Production screen and automatically select the documents required:

  • Cover Letter
  • Company Change Summary
  • Notice of EGM
  • Register of Members
  • Member Minute/Resolution
  • Director Minute/Resolution

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