https://www.taxtmi.com/caselaws?id=97940 The High Court of Bombay, in a case concerning rectification of a company's register of members, addressed the jurisdictional issue of a suit valued at Rs. 1,300 under section 155 of the Companies Act, 1956. The court clarified that despite the availability of a summary procedure under section 155, a civil suit remained the primary remedy for such relief. Rejecting the notion to treat the suit as a petition under section 155, the court emphasized the importance of pecuniary jurisdiction, determining that the suit fell below the High Court's pecuniary limit and was exclusively triable by the City Civil Court. Consequently, the High Court dismissed the suit for lack of jurisdiction under the Companies Act. en-us Thu, 08 Feb 1962 00:00:00 +0530 Wed, 18 Jan 2012 16:22:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97940 The High Court of Bombay, in a case concerning rectification of a company's register of members, addressed the jurisdictional issue of a suit valued at Rs. 1,300 under section 155 of the Companies Act, 1956. The court clarified that despite the availability of a summary procedure under section 155, a civil suit remained the primary remedy for such relief. Rejecting the notion to treat the suit as a petition under section 155, the court emphasized the importance of pecuniary jurisdiction, determining that the suit fell below the High Court's pecuniary limit and was exclusively triable by the City Civil Court. Consequently, the High Court dismissed the suit for lack of jurisdiction under the Companies Act. Case-Laws Companies Law Thu, 08 Feb 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97940