Registration of share transfers: transferee may appeal to Tribunal if company refuses registration within statutory time limits. A company refusing to register transfer or transmission of securities must notify the transferee with reasons within thirty days; transferees may appeal to the Tribunal within statutory time limits depending on receipt of notice and company type. The Tribunal may order registration, rectification of the register and payment of damages and such registration orders must be complied with within ten days; non-compliance attracts imprisonment and fines.
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Provisions expressly mentioned in the judgment/order text.
Registration of share transfers: transferee may appeal to Tribunal if company refuses registration within statutory time limits.
A company refusing to register transfer or transmission of securities must notify the transferee with reasons within thirty days; transferees may appeal to the Tribunal within statutory time limits depending on receipt of notice and company type. The Tribunal may order registration, rectification of the register and payment of damages and such registration orders must be complied with within ten days; non-compliance attracts imprisonment and fines.
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