https://www.taxtmi.com/caselaws?id=98081 The Companies Act was construed to permit rectification of the register of debenture holders where the statutory scheme requires the register to reflect the true holder of transferable debentures; that power was not displaced by a winding up order. The court held that the absence of a specific pre-1960 provision did not exclude rectification where the provisions on transfer and register maintenance read together supported correction of the record. On the facts, the transfer of 50 debentures was proved by admissions, witness evidence, and documents, and the surrounding circumstances did not render it colourable. The appellant was therefore entitled to be entered in the register. en-us Thu, 09 Jan 1964 00:00:00 +0530 Thu, 19 Jan 2012 11:29:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98081 The Companies Act was construed to permit rectification of the register of debenture holders where the statutory scheme requires the register to reflect the true holder of transferable debentures; that power was not displaced by a winding up order. The court held that the absence of a specific pre-1960 provision did not exclude rectification where the provisions on transfer and register maintenance read together supported correction of the record. On the facts, the transfer of 50 debentures was proved by admissions, witness evidence, and documents, and the surrounding circumstances did not render it colourable. The appellant was therefore entitled to be entered in the register. Case-Laws Companies Law Thu, 09 Jan 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98081