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Duty of directors and persons deemed to be directors to make disclo­sure of shareholdings.

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Full Text of the Document

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....and persons deemed to be directors to make disclo­sure of shareholdings. 308. (1) Every director of a company, and every person deemed to be a director of the company by virtue of sub-section (1....

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Full Text of the Document

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....e meeting of the Board next after it is given. (3) Any person who fails to comply with sub-section (1) or (2) shall be punishable with imprisonment for a term which may extend to two years, or with f....