The Companies Act, 1956
153. Trusts not to be entered on register.
No notice of any trust, express, implied or constructive, shall be entered on the register of members or of debenture-holders 1[***].
1. The words “or be receivable by the Registrar” omitted by Act 53 of 1963, sec. 6 (w.e.f. 1-1-1964).