https://www.taxtmi.com/caselaws?id=99906 Section 18FA, read with sections 18FB and 18FG of the Industries (Development and Regulation) Act, 1951, was treated as a self-contained regime for a company in liquidation whose industrial undertaking had been taken over by the Central Government. While that special management continued, the undertaking's winding-up-related proceedings stayed suspended and the associated rights and remedies, including rectification of the share register and recording of transfers, remained in abeyance. On that basis, the ordinary jurisdiction under section 155 of the Companies Act, 1956 could not be invoked to alter the share register during the subsisting statutory control. en-us Tue, 25 Mar 1980 00:00:00 +0530 Mon, 30 Jan 2012 15:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=99906 Section 18FA, read with sections 18FB and 18FG of the Industries (Development and Regulation) Act, 1951, was treated as a self-contained regime for a company in liquidation whose industrial undertaking had been taken over by the Central Government. While that special management continued, the undertaking's winding-up-related proceedings stayed suspended and the associated rights and remedies, including rectification of the share register and recording of transfers, remained in abeyance. On that basis, the ordinary jurisdiction under section 155 of the Companies Act, 1956 could not be invoked to alter the share register during the subsisting statutory control. Case-Laws Companies Law Tue, 25 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=99906