https://www.taxtmi.com/caselaws?id=96789 Section 38 confers a broad discretionary power to order rectification of a company's share register where the claimant's entitlement is established on the evidence; delay and unsatisfactory explanations may, however, affect equitable relief. The statute also permits courts wide discretion as to costs, which can be apportioned against the company and other respondents. Claims for damages require affirmative evidentiary proof and will be refused where the affidavits and material do not establish entitlement. The operative effect: rectification may be granted without a damages award, with costs allocated at the court's discretion. en-us Mon, 20 Feb 1939 00:00:00 +0530 Wed, 11 Jan 2012 11:47:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96789 Section 38 confers a broad discretionary power to order rectification of a company's share register where the claimant's entitlement is established on the evidence; delay and unsatisfactory explanations may, however, affect equitable relief. The statute also permits courts wide discretion as to costs, which can be apportioned against the company and other respondents. Claims for damages require affirmative evidentiary proof and will be refused where the affidavits and material do not establish entitlement. The operative effect: rectification may be granted without a damages award, with costs allocated at the court's discretion. Case-Laws Companies Law Mon, 20 Feb 1939 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96789