Company law
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 December 2013
can any one please explain me sec.116 of the companies act 1956 ?
20 December 2013
According to this section -
If a person who is not actually a shareholder but who portrays himself as he is the shareholder or tries to gain any benefit on shares which he is not actually entitled to, will be punished as per this section.
Regards,
Adnan
If a person who is not actually a shareholder but who portrays himself as he is the shareholder or tries to gain any benefit on shares which he is not actually entitled to, will be punished as per this section.
Regards,
Adnan
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Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2013
thank you sir
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