# 3B Register of beneficial owners
1[3B. Register of beneficial owners.]--The register of benificial owners maintained by a depository under section 11 of the Depositories Act, 1996 (22 of 1996), shall be deemed to be a register of shareholders for the purposes of this act.
Explanation.--For the purposes of section 3, section 3A and this section , the expressions "benificial owner", "depository" and "registered owner" shall have the meanings respectively assigned to them in clauses (a), (e) and (j) of sub-section (1) of section 2 of the Depositories Act, 1996.]
Download our fully-offline, High speed android app.- Click here
1. Ins. by s. 21, <i>ibid</i>. (w.e.f. 15-1-1997).
TRANSFER OF THE UNDERTAKINGS OF EXISTING BANKS AND SHARE CAPITALS OF THE CORRESPONDING NEW BANKS
Lawyer's Registry
Click here to register for Lawgist Lawyer's Registry