Saturday 17 May 2014

Co. directed to register transfer of share in favour of petitioner as refusal wasn’t made on suffici

Company Law: Where registered holder of shares had filed affidavits supporting claim of petitioner and petitioner had also filed sufficient documentary evidence to prove title of shares-in-question which had not been controverted by respondent company, reasons attributed by respondent company could not be held as a sufficient cause for refusal of transfer of shares in favour of petitioner


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