Section 9 — Effect of registration

From the date of incorporation mentioned in the certificate of incorporation,
such subscribers to the memorandum and all other persons, as may, from time to time, become members

1. Subs. by Act 31 of 2016, s. 255 and the Eleventh Schedule, for “the Rehabilitation and Insolvency Fund formed under section
269” (w.e.f. 15-11-2016).
2. The words “with imprisonment for a term which may extend to three years or” omitted by Act 29 of 2020, s. 3 (w.e.f. 21-12-
2020).
3. Subs. by Act 29 of 2020, s. 3, for “twenty-five lakh rupees, or with both” (w.e.f. 21-12-2020).