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Statutory Provisions

Home Acts & Rules Bill Bills COMPANIES (AMENDMENT) BILL, 2017 This

Clause 71 - Amendment of section 216. - COMPANIES (AMENDMENT) BILL, 2017

COMPANIES (AMENDMENT) BILL, 2017
  • Contents

Amendment of section 216.

71. In section 216 of the principal Act, in sub-section (1),-

(i) in clause (b), for the word "company", the words "company; or" shall be substituted;

(ii) after clause (b), the following clause shall be inserted, namely:-

"(c) who have or had beneficial interest in shares of a company or who are or have been beneficial owners or significant beneficial owner of a company.".

 
 
 
 

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