https://www.taxtmi.com/caselaws?id=98709 The court upheld the maintainability of petitions under Section 155 of the Companies Act, rejecting the argument that availing a remedy under Section 111 rendered them not maintainable. The objection regarding the adequacy of stamping on shares and transfer deeds was dismissed. The court modified the entitlement to dividends, granting them from the date of purchase in 1955. It was held that the court had jurisdiction under Section 155 to order the payment of dividends. The appeals were mostly dismissed, with a modification in the entitlement to dividends in one specific case. en-us Tue, 05 May 1970 00:00:00 +0530 Sat, 21 Jan 2012 16:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98709 The court upheld the maintainability of petitions under Section 155 of the Companies Act, rejecting the argument that availing a remedy under Section 111 rendered them not maintainable. The objection regarding the adequacy of stamping on shares and transfer deeds was dismissed. The court modified the entitlement to dividends, granting them from the date of purchase in 1955. It was held that the court had jurisdiction under Section 155 to order the payment of dividends. The appeals were mostly dismissed, with a modification in the entitlement to dividends in one specific case. Case-Laws Companies Law Tue, 05 May 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98709