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        Companies Law

        Section 116 - Penalty for personation of shareholder.

        Companies Act, 1956
        Chapter IV
        SHARE CAPITAL AND DEBENTURES

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        Personation of shareholder: deceitful impersonation to obtain shares or payments carries imprisonment and fine by law. Penalty for personation of shareholder: deceitful impersonation of an owner of shares, interests, share warrants or coupons, or receiving or attempting to receive money due to such an owner, is a criminal offense punishable with imprisonment up to three years and a fine.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                          Provisions expressly mentioned in the judgment/order text.

                              Personation of shareholder: deceitful impersonation to obtain shares or payments carries imprisonment and fine by law.

                              Penalty for personation of shareholder: deceitful impersonation of an owner of shares, interests, share warrants or coupons, or receiving or attempting to receive money due to such an owner, is a criminal offense punishable with imprisonment up to three years and a fine.


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