One can be a member of a company by any of the ways mentioned hereunder:
1. by subscribing to the memorandum of association
2. by agreeing in writing
- by application and allotment of shares
- by taking a transfer of shares
- by transmission of shares
3. By holding equity shares capital of a company whose name is entered as beneficial owner in the record of the Depository.
4. Estoppel i.e. by allowing his name to be in the register of members or otherwise holding himself out or allowing himself to be held out as a member.