TMI BlogDeclaration by persons not holding beneficial interest in any share.X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Companies (Amendment) Act, 1974, or at any time thereafter, in the register of members of a company as the holder of a share in that company but who does not hold the beneficial interest in such share, shall, within such time and in such form as may be prescribed [2] , make a declaration to the company specifying the name and other particulars of the person who holds the beneficial intere ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lars as may be prescribed. [3] (4) Notwithstanding anything contained in section 153 where any declaration referred to in sub-section (1), sub-section (2) or sub-section (3) is made to a company, the company shall make a note of such declaration, in its register of members and shall file, within thirty days from the date of receipt of the declaration by it, a return in the prescribed fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsible owner thereof, or any hypothecation by the ostensible owner of any share, in respect of which a declaration is required to be made under the foregoing provisions of this section, but not so declared, shall not be enforceable by the beneficial owner or any person claiming through him. (7) Nothing in this section shall be deemed to prejudice the obligation of a company to pay divide ..... X X X X Extracts X X X X X X X X Extracts X X X X
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