Companies Act 2014 section 173

Rectification of register

Section 173 sets out the circumstances in which the register of members may be corrected, whether by court order or by the company itself, and the obligations that follow any such correction.

• Where a person's name is wrongly included in or omitted from the register of members, the aggrieved person, any member, or the company may apply to the court to have the register corrected, and the court may order rectification together with compensation for any loss suffered.
• The court has broad powers to determine questions of entitlement to membership and to direct that the Registrar be notified of any rectification ordered.
• A company may correct errors or omissions in the register without going to court, provided the correction does not adversely affect any person unless that person agrees; the company must notify the Registrar in the prescribed form within 21 days if the error also appears in documents filed with the Registrar.
• Errors or omissions relating to the amount of the company's issued share capital, whether overstated or understated, may also be corrected by the company under these self-rectification provisions, subject to the same notification requirements.

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