124. Place of share register

notice of the place where each register is kept shall be delivered to the Registrar within ten working days after the share register is so divided, or the place where a register is kept is altered ;

a copy of every register shall be kept at the place where the principal register is kept ; and

if an entry is made in a register other than in the principal register, a corresponding entry shall be made within ten working days in the copy of that register kept with the principal register.

if the share register is not divided into two or more registers, the share register ;

if the share register is divided into two or more registers, the register described as the principal registers in the last notice sent to the Registrar.

the company shall be guilty of an offence and be liable on conviction to a fine not exceeding one hundred thousand rupees ; and

every officer of the company who is in default shall be guilty of an offence and be liable on conviction to a fine not exceeding fifty thousand rupees.