"Explanation- For the .purposes of this regulation, a shareholder may cease to be qualtfied for registration,-
(a) If he is a guardian of minor, on the minor attaining the majority;
(b) if he is holding shares as a Karta, on his ceasing to be a Karta".
:16, in regulation 32. for the words " by a resolution of the Board to that effect" the words " by a resolution of the Board to that effect at its next meeting to be held after the expiry of the notice of forfeiture under regulation 31 " shall be substituted.. , : .
. |i .
17. In regulation 44. for the words "' any other OfficeVof t^ Bank", the words "Company Secretary or any othfr'^Officer of the Bank^not below the rank of Scale 11" shall be substituted. " .
18. In Regulation 46. in proviso to the clause (ii),T registered .post, with or without ■ " . words "by registered p"st. with or Without ̂ acknowledgement due or by courier service or in an electro.nic mode" shall be substituted ; ' ,.;..(n) The words " or electronic media, as the case may be " shall bet ! 'nserted after the words " ordinary course of post".
19- in Chapter III,- _ "
(i) in regulation 47, for the words "oiie or more depository ", the words one or mpre depository' ss defined in section 2(e) of the Depositories Act. 1996" shall be substituted;
3- ̂ ^^Gljos 12 THE GAZh l 1 b OF INDIA, NOVEMBER 29. 2003 (AGRAHAYANA 8. 1925) (Part HI—Sec 4
(ii) regulations 48 to 55 shall be omitted.