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<h1>Deceitful impersonation of shareholder or security holder under Companies Act attracts jail term and heavy monetary fines</h1> Any person who deceitfully impersonates the owner of a security, interest in a company, share warrant, or coupon issued under the Companies Act, and by such impersonation obtains or attempts to obtain the security, interest, share warrant, coupon, or any money due to the real owner, commits an offence. The provision mandates criminal liability with imprisonment for a minimum of one year, extendable up to three years, and a fine of not less than one lakh rupees, which may extend to five lakh rupees, thereby treating personation of a shareholder or security holder as a serious penal offence.