Companies Act · s 63D

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s 63DCompanies Person who ceases to be substantial shareholder to notify company

(1)

A person who ceases to be a substantial shareholder in a public company shall give notice in writing to the company stating his name and the date on which he ceased to be a substantial shareholder and full particulars of the circumstances by reason of which he ceased to be a substantial shareholder.

(2)

The notice shall be given within 2 business days after the person ceased to be a substantial shareholder.