A business example
A company completes a share allotment, but its ownership register still shows the earlier holdings.
Trigger event
The allotment documents establish what securities were issued.
Register update
The relevant prescribed particulars are entered using the required process.
Consistency check
The register, certificates and filings are reconciled.
What this shows
A signed transaction document and an updated register serve different purposes. Keeping one does not automatically update the other.
What it is often confused with
An informal spreadsheet does not automatically meet requirements for contents, authentication or access.
What to look at in your business
Identify the exact register, required particulars and the event that triggers an update.
Context and further reading
This entry explains the business term. The related guide below provides the next layer of context; any applicable legal test depends on the transaction and relevant period.
Kosha.Services · Updated 2 October 2026