57. Punishment for personation of shareholder
If any person deceitfully personates as an owner of any security or interest in a
company, or of any share warrant or coupon issued in pursuance of this Act, and thereby
obtains or attempts to obtain any such security or interest or any such share warrant or
coupon, or receives or attempts to receive any money due to any such owner, he shall be
punishable with imprisonment for a term which shall not be less than one year but which may
extend to three years and with fine which shall not be less than one lakh rupees but which
may extend to five lakh rupees.