https://www.taxtmi.com/caselaws?id=97996 The court dismissed the petition as the petitioner's claim under section 155 of the Companies Act, 1956, was found not maintainable due to the Central Government's prior direction for registration of the share transfer under section 111. The court held that section 155 does not override section 111, which provides for appeal to the Central Government in such matters, and the two sections offer alternative remedies. Consequently, the petition was dismissed without costs, emphasizing the novel legal issue involved. en-us Fri, 11 Jan 1963 00:00:00 +0530 Wed, 18 Jan 2012 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97996 The court dismissed the petition as the petitioner's claim under section 155 of the Companies Act, 1956, was found not maintainable due to the Central Government's prior direction for registration of the share transfer under section 111. The court held that section 155 does not override section 111, which provides for appeal to the Central Government in such matters, and the two sections offer alternative remedies. Consequently, the petition was dismissed without costs, emphasizing the novel legal issue involved. Case-Laws Companies Law Fri, 11 Jan 1963 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97996