Amendment of section 89.
21. In section 89 of the principal Act,-
(i) in sub-section (6), the words and figures, "within the time specified under section 403" shall be omitted;
(ii) in sub-section (7), for the words and figures, "under the first proviso to sub-section (1) of section 403", the word "therein", shall be substituted;
(iii) after sub-section (9), the following sub-section shall be inserted, namely:-
"(10) For the purposes of this section and section 90, beneficial interest in a share includes, directly or indirectly, through any contract, arrangement or otherwise, the right or entitlement of a person alone or together with any other person to-
(i) exercise or cause to be exercised any or all of the rights attached to such share; or
(ii) receive or participate in any dividend or other distribution in respect of such share.".