https://www.taxtmi.com/caselaws?id=97499 A transfer of shares was treated as incomplete where the alleged offer to sell had not been accepted and that acceptance had not been communicated to the original offerors; a communication to one person did not bind others who had made the proposal in their own names. The attempted transfer also failed where the transfer deeds were not duly stamped and properly completed, and the share certificates were not produced as required by the Companies Act and the articles. On those facts, rectification of the register could not be ordered for the defective transfers, and only the remaining two shares were registrable in favour of the petitioner on payment of the amount fixed by the Court. en-us Fri, 08 Feb 1957 00:00:00 +0530 Tue, 17 Jan 2012 10:28:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97499 A transfer of shares was treated as incomplete where the alleged offer to sell had not been accepted and that acceptance had not been communicated to the original offerors; a communication to one person did not bind others who had made the proposal in their own names. The attempted transfer also failed where the transfer deeds were not duly stamped and properly completed, and the share certificates were not produced as required by the Companies Act and the articles. On those facts, rectification of the register could not be ordered for the defective transfers, and only the remaining two shares were registrable in favour of the petitioner on payment of the amount fixed by the Court. Case-Laws Companies Law Fri, 08 Feb 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97499