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    <title>1962 (2) TMI 29 - HIGH COURT OF BOMBAY</title>
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    <description>Section 155 of the Companies Act, 1956 provides a summary remedy by application or petition for rectification of the register of members, but it does not exclude the ordinary civil remedy by suit. A suit for the same relief must satisfy the High Court&#039;s ordinary civil jurisdiction, including pecuniary limits; where the suit is valued below that limit, the High Court lacks jurisdiction in its ordinary original civil side. A suit filed as civil action cannot be converted into a section 155 petition because Companies Act jurisdiction and ordinary civil jurisdiction are distinct. On that basis, the suit was not maintainable in the High Court and the request for conversion was rejected.</description>
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    <pubDate>Thu, 08 Feb 1962 00:00:00 +0530</pubDate>
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      <title>1962 (2) TMI 29 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=97940</link>
      <description>Section 155 of the Companies Act, 1956 provides a summary remedy by application or petition for rectification of the register of members, but it does not exclude the ordinary civil remedy by suit. A suit for the same relief must satisfy the High Court&#039;s ordinary civil jurisdiction, including pecuniary limits; where the suit is valued below that limit, the High Court lacks jurisdiction in its ordinary original civil side. A suit filed as civil action cannot be converted into a section 155 petition because Companies Act jurisdiction and ordinary civil jurisdiction are distinct. On that basis, the suit was not maintainable in the High Court and the request for conversion was rejected.</description>
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      <pubDate>Thu, 08 Feb 1962 00:00:00 +0530</pubDate>
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