Amendment status not verified — confirm the current text below against the official source.

(1) The Development Bank shall keep at its head office a register, in one or more books, of the shareholders and shall enter therein the following particulars so far as they may be available, namely:-- (i) the names, addresses and occupations, if any, of the shareholders and a statement of the shares held by each shareholder distinguishing each share by its denoting number; (ii) the date on which each person is so entered as a shareholder; (iii) the date on which any person ceases to be a shareholder; and (iv) such other particulars as may be prescribed: [Provided that nothing in this sub-section shall apply to the shares held with a depository.] (2) Notwithstanding anything contained in sub-section (1), it shall be lawful for the Development Bank to keep the register of the shareholders in computer floppies or diskettes subject to such safeguards as may be prescribed. (3) Notwithstanding anything contained in the Indian Evidence Act, 1872 (1 of 1872), a copy of, or extract from, the register of shareholders, certified to be a true copy under the hand of an officer of the Development Bank authorised in this behalf, shall, in all legal proceedings, be admissible in evidence. Section 13B ins. by Act 5 of 1995, sec. 15 (w.r.e.f. 12/10/1994). Ins. by Act 8 of 1997, sec. 13 (w.e.f. 15/01/1997).