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Section 64

Reference to allottee in the Companies Act 1965

of Securities Industry (Central Depositories) Act 1991

ActIn forceProvision 74 of 78
Section 64

For purposes of the application of the Companies Act 1965 in relation to any deposited security, a reference to an allottee in that

Act shall be construed as a reference to a depositor who, by virtue of section 35 of this Act, is deemed to be a member of the company which makes the allotment.