https://www.taxtmi.com/caselaws?id=96663 Where a share transfer was supported by duly executed transfer documents presented in accordance with the company's articles, the company could not refuse registration merely on the transferor's allegation of misrepresentation. The refusal was not founded on any independent company right exercised in the interests of the company, and any challenge to the transfer should have been pursued by the transferor through proceedings to set it aside. Rectification of the share register was ordered and the transferred shares were directed to be registered in the transferee's name. en-us Mon, 08 Oct 1934 00:00:00 +0530 Tue, 10 Jan 2012 12:10:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96663 Where a share transfer was supported by duly executed transfer documents presented in accordance with the company's articles, the company could not refuse registration merely on the transferor's allegation of misrepresentation. The refusal was not founded on any independent company right exercised in the interests of the company, and any challenge to the transfer should have been pursued by the transferor through proceedings to set it aside. Rectification of the share register was ordered and the transferred shares were directed to be registered in the transferee's name. Case-Laws Companies Law Mon, 08 Oct 1934 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96663