Small Industries Development Bank of India Act,1989

Act No : 39

---

Section : REGISTER OF SHAREHOLDERS

SECTION 20B: REGISTER OF SHAREHOLDERS

(2) Notwithstanding anything contained in sub-sec. (1), it shall be lawful for the Small Industries Bank to keep the register of the shareholders in computer floppies, diskettes, compact disk or any other electronic form, subject to such safeguards, as may be prescribed.
(3) Notwithstanding anything contained in the Indian Evidence Act, 1872 (I of 1872), a copy of, or extract from, the register of shareholders, certified to be a true copy under hand of an officer of the Small Industries Bank authorised in this behalf, shall, in all legal proceedings, be admissible in evidence.
(4) The Register of beneficial owners maintained by a depository under Sec. II of the Depositories Act, 1996 (22 of 1996) shall be deemed to be a Register of the shareholders for the purposes of this Act.

---

Read All Comments

Comments

Quick Links

• Recent Comments
• Recent Citations
• Bare Acts Alphabetically