Tuesday, 21 April 2015

CLB declared appellant as owner of shares as transferor didn't come forward to claim ownership of sh

CL : Where appellant transferee purchased shares from broker, but registrar and transferor raised objection that due to difference in signatures on transfer deeds, transfer would not be effected, in view of fact that inspite of several reminders, transferor had not come forward to claim ownership of impugned shares, appellant was to be declared as owner of shares

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