Disclosure of shareholdings: directors must notify the company to enable compliance; non disclosure attracts criminal penalties. Directors and persons deemed directors must give written notice of matters necessary to enable the company to comply with disclosure provisions; if not given at a board meeting the notifier must take reasonable steps to have it brought up and read at the next board meeting; failure attracts criminal punishment, a fine, or both.
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.
Disclosure of shareholdings: directors must notify the company to enable compliance; non disclosure attracts criminal penalties.
Directors and persons deemed directors must give written notice of matters necessary to enable the company to comply with disclosure provisions; if not given at a board meeting the notifier must take reasonable steps to have it brought up and read at the next board meeting; failure attracts criminal punishment, a fine, or both.
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