https://www.taxtmi.com/caselaws?id=97543 The court held that the company did not have the right to refuse the registration of share transfers as the company's articles did not expressly reserve such power. The court emphasized its overriding powers under section 155 of the Companies Act, independent of the Central Government's order. It found the transfer deeds valid, dismissed technical objections, and ruled that transferors need not be parties in such proceedings. The court ordered the company to register the share transfers, notify the Registrar, and pay the petitioners' costs. en-us Sat, 07 Sep 1957 00:00:00 +0530 Tue, 17 Jan 2012 11:52:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97543 The court held that the company did not have the right to refuse the registration of share transfers as the company's articles did not expressly reserve such power. The court emphasized its overriding powers under section 155 of the Companies Act, independent of the Central Government's order. It found the transfer deeds valid, dismissed technical objections, and ruled that transferors need not be parties in such proceedings. The court ordered the company to register the share transfers, notify the Registrar, and pay the petitioners' costs. Case-Laws Companies Law Sat, 07 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97543