Wednesday 6 August 2014

HC quashed untenable order of CLB directing appellant to issue share certificate as it was beyond it

CL: Where CLB by impugned order directed appellants to issue share certificates to respondents and also directed appellants to rectify register of members by inserting name of original petitioner and to inform competent authorities order was unsustainable as adjudication of an entitlement to shares was not within compass of section 111


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