https://www.taxtmi.com/caselaws?id=98955 Rectification of the register under section 155 of the Companies Act, 1956 is unsuitable where the challenge to share allotment depends on disputed valuation, expert evidence, or alleged failure of consideration; such matters require fuller factual inquiry and are better left to a regular suit, so refusal on that ground was upheld. By contrast, where the objection raises a pure question of law on whether the allotment to a foreign collaborator exceeded the consent granted under the capital-issues regime, the petition should be admitted and adjudicated, and the tribunal should not decline it merely because related issues are pending elsewhere. en-us Mon, 15 Nov 1971 00:00:00 +0530 Tue, 24 Jan 2012 16:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=98955 Rectification of the register under section 155 of the Companies Act, 1956 is unsuitable where the challenge to share allotment depends on disputed valuation, expert evidence, or alleged failure of consideration; such matters require fuller factual inquiry and are better left to a regular suit, so refusal on that ground was upheld. By contrast, where the objection raises a pure question of law on whether the allotment to a foreign collaborator exceeded the consent granted under the capital-issues regime, the petition should be admitted and adjudicated, and the tribunal should not decline it merely because related issues are pending elsewhere. Case-Laws Companies Law Mon, 15 Nov 1971 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=98955