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1
[3B. Register of beneficial owners.--The register of beneficial owners maintained by a depository
under section 11 of the Depositories Act, 1996 (22 of 1996), shall be deemed to be a register of
shareholders for the purpose of this Act.
Explanation.--For the purposes of section 3, section 3A and this section, the expressions "beneficial
owner", "depository" and "registered owner" shall have the meanings respectively assigned to them in
clauses (a), (e) and (j) of sub-section (1) of section 2 of the Depositories Act, 1996 (22 of 1996).]
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