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    <title>1935 (8) TMI 17 - HIGH COURT OF RANGOON</title>
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    <description>Court refused to order rectification of the company register under Section 38 because the company&#039;s articles validly require proof of succession; Articles 41 and 42 operate as standard transmission clauses giving the company a contractual basis to insist on probate, letters of administration or a succession certificate, and Article 42 confers a discretionary, non-compellable power on directors. Where directors bona fide apply those article-based requirements and no fraud or mala fides is alleged, refusal to register is not &#039;without sufficient cause&#039; and rectification will not be ordered.</description>
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    <pubDate>Fri, 02 Aug 1935 00:00:00 +0530</pubDate>
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      <title>1935 (8) TMI 17 - HIGH COURT OF RANGOON</title>
      <link>https://www.taxtmi.com/caselaws?id=96692</link>
      <description>Court refused to order rectification of the company register under Section 38 because the company&#039;s articles validly require proof of succession; Articles 41 and 42 operate as standard transmission clauses giving the company a contractual basis to insist on probate, letters of administration or a succession certificate, and Article 42 confers a discretionary, non-compellable power on directors. Where directors bona fide apply those article-based requirements and no fraud or mala fides is alleged, refusal to register is not &#039;without sufficient cause&#039; and rectification will not be ordered.</description>
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      <pubDate>Fri, 02 Aug 1935 00:00:00 +0530</pubDate>
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