Companies Act, 1990
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Duty of company to notify stock exchange. |
65.—(1) Whenever a company in the case of whose shares or debentures dealing facilities are provided by a recognised stock exchange is notified of any matter by a director or secretary in consequence of the fulfilment of an obligation imposed on him by section 53 or 64 , and that matter relates to shares or debentures for which such dealing facilities are provided, the company shall be under an obligation to notify that stock exchange of that matter; and the stock exchange may publish, in such manner as it may determine, any information received by it under this subsection. | |
(2) An obligation imposed by subsection (1) must be fulfilled before the end of the day next following that on which it arises. | ||
(3) If default is made in complying with this section, the company and every officer of the company who is in default shall be guilty of an offence. |