Section 187C in The Companies Act, 1956
187C. [Declaration by persons not holding beneficial interest in any share
(1) Notwithstanding anything contained in section
contained in Wills Ordinance in Srilanka of 1911. In terms of Section 187C of the Companies Act, 1956, a person, who holds beneficial interest ... trust of which, it has no notice. Hence, without compliance of Section 187C of the Companies Act, by late Sri.Gunaratnam, the first respondent cannot
subscribed by Sunair Hotels
Limited.
(iii) No declaration was made under Section 187C of the Companies
Act, that the seven shareholders were nominees of Sunair ... 2008 Page 10 of 38
denying benefit under Section 47(v) of the Act. Section 187C of the
Companies Act is a procedural provision
following observations :
Section 153 corresponds to Section 33 of the Companies Act, 1913, and Section 117 of the English Act, 1948 (presently Section ... provisions of this section has been diluted by insertion of Section 153B in the year 1963 and more so by Section 187C inserted
hereinbelow Section 187C in entirety:
"187C. Declaration by persons not holding beneficial
interest in any share. - (1) Notwithstanding anything
contained in section 150 , section ... save for a change of language in Section
89(8) from the wording of Section 187C(6). While Section 187C(6)
provided consequences
repeal section 153 of the Act though section 153 was very much in the mind of the Legislature at the time when section 187C ... change in the beneficial interest in such shares. Sub-section (4) of section 187C makes it obligatory on the company to make a note
Section 187C in The M.P. Municipalities Act, 1961
187C. [ Relaxation in compounding the unauthorised construction. [Inserted ... Notwithstanding anything contained in Section 187-A or any other provisions of this Act or any other law for the time being in force
Along with the transfer documents, Trident also filed a declaration under Section 187C of the Companies Act, 1956 (hereinafter referred ... purchase of these shares flowed from Tracstar and the declaration under Section 187C filed with the company indicates that the shares are to be registered
subscribed by
Sunair Hotels Limited.
(iii) No declaration was made under Section 187C of the
Companies Act, that the seven shareholders were
nominees of Sunair ... Assessing Officer,
while denying benefit under Section 47(v) of the
Act. Section 187C of the Companies Act is a procedural
provision and the requirement
Section 77 in The Companies (Amendment) Act, 2000
77. Amendment of section 187C.- In section 187C of the principal Act, after sub- section