Section 19: Parties who may not be registered as shareholders
Small Industries Development Bank of India (General) Regulations, 2000Central Regulations · 1989
(1) Except as otherwise provided by these regulations, no minor or person who has been found by a court of competent jurisdiction to be of unsound mind shall be entitled to be registered as a shareholder.
(2) In case of firms, shares shall be registered in the names of the individual partners and no firm, as such, shall be entitled to be registered as a shareholder.
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