Shareholders Must Disclose Settlement Information Under Regulation 29 to Ensure Transparency and Prevent Company Disharmony.

It cannot be countenanced that some shareholders can take shelter under Regulation 29 to plead confidentiality of settlement information, against a group of other shareholders - No shareholder can take a position that he cannot disclose any information on the affairs of the company to other shareholders. This would bring about a situation of disharmony, distrust causing damage to the management and functioning of the company. - HC .....

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