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    <title>1996 (9) TMI 184 - DELHI HIGH COURT</title>
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    <description>The High Court dismissed two petitions concerning the transfer of bonds, citing an alternative efficacious remedy under Section 111 of the Companies Act, 1956. The court rejected objections to the petitions&#039; maintainability, emphasizing the availability of recourse through the Company Law Board for disputes related to share or debenture transfers. The judgment underscores the importance of considering alternative remedies in determining petition maintainability, leading to the dismissal of the petitions.</description>
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      <description>The High Court dismissed two petitions concerning the transfer of bonds, citing an alternative efficacious remedy under Section 111 of the Companies Act, 1956. The court rejected objections to the petitions&#039; maintainability, emphasizing the availability of recourse through the Company Law Board for disputes related to share or debenture transfers. The judgment underscores the importance of considering alternative remedies in determining petition maintainability, leading to the dismissal of the petitions.</description>
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