Register of members and debenture holders cannot record notices of trust, whether express, implied or constructive.

Section 88 of the Companies Act, 2013 is amended to prohibit the entry of any notice of trust, whether express, implied or constructive, in the register of members or debenture holders maintained under the section. The amendment adds a new sub-section after sub-section (2), creating a statutory bar on recording trust notices in the relevant register.

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