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debentures of the Company. Dematerialisation of shares 77A (a) Notwithstanding anything contained in these Articles, the Company shall be entitled to dematerialize its shares / debentures and other Securities (both existing and future) and to offer its shares, debentures and other securities for subscription in a dematerialized form pursuant to the Depositories Act, 1996. (b) Every person holding or subscribing to Securities offered by the Company shall have the option to receive the Security Certificates or to hold the Securities with a Depository. Such a person who is the beneficial owner of the securities can at any time opt out of a Depository, if permitted by law, in respect of any Security in the manner provided by the Depositories Act 1996, and the Company shall, in the manner and within the time prescribed issue to the beneficial owner the required certificates of the Securities. Where a person opts to hold his Security with a Depository, the Company shall intimate such Depository the details of allotment of such Security and on receipt of such information, the Depository shall enter in its record the name of the allottee as the beneficial owner of the Security. (c) All securities held by a Depository shall be dematerialized and shall be in fungible form.
Nothing contained in Section 153, 153A, 153B, 187 A, 187B, 187C and 372A of the Act shall apply to a Depository in respect of the Securities held by it on behalf of the beneficial owners. (d) (i) Notwithstanding anything to the contrary contained in the Act or these Articles, a Depository shall be deemed to be registered owner for the purpose of effecting transfer of ownership of Security on behalf of the beneficial owner. (ii) Save as otherwise provided in (i) above, the Depository as a registered owner of the securities shall not have any voting rights or any other right in respect of the Securities held by it. (iii) Every person holding Securities of the Company and whose name is entered as a beneficial owner in the records of the Depository shall be deemed to be a member of the Company. The beneficial owner of the Securities shall be entitled to all the rights and benefits and be subject to all the liabilities of a member of the Company in respect of his Securities held by a Depository. (e) Notwithstanding anything to the contrary contained in the Act or these Articles, where the Securities are held by Depository, the records of the beneficial ownership may be served dfaires archive analisa littlepoll tramadol order tramadol by such Depository on the Company by means of electronic mode or by delivery of floppies and disc or such other mode as may be prescribed. (f) If a beneficial owner seeks to opt out of a Depository in respect of any Security, the beneficial owner shall inform the Depository accordingly. The Depository shall, on receipt of the information as above, make appropriate entries in its record and shall inform the Company accordingly.
The Company shall within thirty (30) days of the receipt of intimation from the Depository and on payment of such fees as may be specified by the hydrocodone can cause mood disorders Regulations, issue the certificates of Security to the beneficial owner or the transferee as the case may be. (g) Notwithstanding anything to the contrary contained in these articles: (i) Section 83 of the Act shall not apply to the shares with a Depository; (ii) Section 108 of the Act shall not apply to transfer of Security effected by the transferor and the transferee both of whom are entered as beneficial owners in the records of a Depository. (h) Notwithstanding anything contained in the Act or these Articles, where Securities are dealt with by Depository, the Company shall intimate the details of allotment of Securities to the Depository immediately on allotment of such Securities. (i) In case of transfer of shares, debentures and other marketable Securities, where the Company has not issued any certificate and where' such shares, debentures or securities are being held in an electronic and fungible form in a Depository, the provisions of the Depositories Act, 1996 shall apply. (j) Save as herein otherwise provided, the Company shall be entitled to treat the person whose name appears on the Register of Members as the holder of any share, as also be Beneficial Owner of the shares in records of the depository as the absolute owner thereof as regards receipt of dividend or bonus or service of notices and all or any other matters connected with the Company, and accordingly the Company shall not, except as ordered by a Court, back tramadol of competent jurisdiction or as by law required, be bound to recognise any benami trust or equity or equitable, contingent or other claim to or interest in such share on the part of any other person whether or not it shall have express or implied notice thereof. Joint Holder 77 Where two or more persons are registered as the holders of any share/debentures, they shall be deemed (so far as the Company is concerned) to hold the same as joint tenants with benefits of survivorship, subject to the following and other provisions contained in these Articles. (a) The joint holders of any share/debenture shall be four persons as the holders of any share/debenture. (b) In the case of a transfer of shares/debentures held by joint holders, the transfer will be effective dfaires archive analisa littlepoll tramadol order tramadol only if it is made by all the joint holders. (c) The joint holders of any share/debenture shall be liable severally as well as jointly for and in respect of all calls or instalments and other payments which ought to be made in respect of such share/debenture. (d) On the death of anyone or more of dfaires archive analisa littlepoll tramadol order tramadol such joint holders the survivor/survivors shall be the only person or persons recognised by the Company as having any title to the share/debenture, but the Directors may require such evidence of death as they may deem fit, and nothing herein contained shall be taken to release the estate of a deceased joint holder from any liability on shares/debentures held by him jointly with any other person. (e) Anyone of such joint holders may give effectual receipts of any dividends, interests or other moneys payable in respect of such share/debenture. (f) Only the person whose name stands first in the Register of Members/debenture holders as one of the joint holder of any shares/debentures shall be entitled to the delivery of the certificate relating to such share/debenture or to receive notice (which expression shall be deemed to include all documents as defined in Article (2)(a) hereof and any document served on or sent to such person shall be deemed service on all the joint holders. (g) (i) Anyone of two or more joint holders may vote at any meeting either personally or by attorney or by proxy in respect of such shares as if he were solely entitled thereto and if more than one of such joint holders be present at any meeting personally or by proxy or by attorney then that one of such persons so present whose name stands first or higher (as the case may be) on the Register in respect of such share shall alone be entitled to vote in respect thereof but the other or others of the joint holders shall be entitled to be present at the meeting provided always that a joint holder present at any meeting personally shall be entitled to vote in preference to a joint holder present by Attorney or by proxy although the name of such joint holder present by an Attorney or proxy stands first or higher (as the case may be) in the Register in respect of such shares. (ii) Several dfaires archive analisa littlepoll tramadol order tramadol executors or administrators of a deceased member in whose (deceased member) sole name any share stands shall for the purpose of this clause be deemed joint holders. Conversion of shares into stock 91 The Company in general meeting may convert any paid up shares into stock and when any shares shall have been converted into stock, the several holders of such stock may henceforth transfer their respective interest therein or any part of such interests, in the same manner and subject to the same regulations as and subject to which shares from which the stock arise might have been transferred, if no such conversion had taken place, or as near thereto as circumstances will admit.
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