Write notes on the following: Punishment/penalty for : Deceitfully personating as an owner of shares or interest in a company.

Punishment/penalty for Deceitfully personating as an owner of shares or interest in a company: According to Section 57 of the Companies Act, 2013 , 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 ₹ 1 lakh but which may extend to ₹ 5 lakh .