Section 12. Shares to be approved securities

12. Shares to be approved securities. —Notwithstanding anything contained in the Acts hereinafter mentioned in this section, the shares of the State Bank shall be deemed to be included among the securities enumerated in section 20 of the Indian Trusts Act, 1882 (2 of 1882), and also to be approved securities for the purposes of the Insurance Act, 1938 (4 of 1938), and the[5] [Banking Regulation Act, 1949 (10 of 1949)]. 6[13. Register of shareholders. —(1) The State Bank shall keep at its Central Office, a register, in one or more books of the shareholders, and shall enter therein the following particulars so far as they may be available:— (i) the names, addresses and occupations, if any, of the shareholders and a statement of the shares held by each shareholder, distinguishing each share by its denoting number; (ii) the date on which each person is so entered as a shareholder; (iii) the date on which any person ceases to be a shareholder; and (iv) such other particulars as may be prescribed; 7[Provided that nothing in this sub-section shall apply to the shares held with a depository.] 1. Ins. by Act 27 of 2010, s. 6 (w.e.f. 15-9-2010). 2. Subs. by Act 3 of 1994, s. 3, for section 11 (15-10-1993). 3. Subs. by Act 32 of 2007, s. 5, for "Reserve Bank" (w.e.f. 29-6-2007). 4. Ins. by Act 27 of 2010, s. 7 (w.e.f. 15-9-2010). 5. Subs. by Act 3 of 1994, s. 4, for "Banking Companies Act, 1949" (w.e.f. 15-10-1993). 6. Subs. by s. 5, ibid ., for section 13 (w.e.f. 15-10-1993). 7. Ins. by Act 8 of 1997, s. 3 (w.e.f. 15-1-1997). (2) Notwithstanding anything contained in sub-section (1), it shall be lawful for the State Bank to keep the register of shareholders[1] [in computer floppies or diskettes or any other electronic form] subject to such safeguards as may be prescribed. (3) Notwithstanding anything contained in the Indian Evidence Act, 1872 (1 of 1872), a copy of, or extract from, the register of shareholders, certified to be a true copy under the hand of an officer of the State Bank authorised in this behalf shall, in all legal proceedings, be admissible in evidence.] 2[13A. Register of beneficial owners. —The register of beneficial owners maintained by a depository under section 11 of the Depositories Act, 1996 (22 of 1996) shall be deemed to be a register of shareholders for the purposes of this Act.] 14. [ Branch registers . ] Omitted by the State Bank of India (Amendment) Act , 1993 (3 of 1994), s . 6 ( w.e.f . 15-10-1993). 3[15. Trusts not to be entered on the register of shareholders. —No notice of any trust, express, implied or constructive, shall be entered on the register of shareholders or be receivable by the State Bank.] 4[Provided that nothing in this section shall apply to a depository in respect of shares held by it as a registered owner on behalf of the beneficial owners. Explanation. —For the purposes of section 13, section 13A and this section, the expressions "beneficial owner", "depository" and "registered owner" shall have the meanings respectively assigned to them in clauses (a), (e) and (j) of sub-section (1) of section 2 of the Depositories Act, 1996 (22 of 1996).]