https://www.taxtmi.com/caselaws?id=101093 Undisputed heirs of a deceased shareholder were entitled to transmission and registration of 167 shares, and the company could not insist on a succession certificate or estate duty clearance where transmission operated by law. The petition under section 155 of the Companies Act, 1956 was maintainable because the main dispute was straightforward and capable of summary determination; technical objections and delayed resistance did not amount to laches. Duplicate share scrips were also permitted for the 67 missing scrips, and the heirs were entitled to participate proportionately in further share allotments on the same terms as existing shareholders, while collateral disputes over rival family claims were left to separate proceedings. en-us Thu, 22 Mar 1984 00:00:00 +0530 Wed, 08 Feb 2012 15:56:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101093 Undisputed heirs of a deceased shareholder were entitled to transmission and registration of 167 shares, and the company could not insist on a succession certificate or estate duty clearance where transmission operated by law. The petition under section 155 of the Companies Act, 1956 was maintainable because the main dispute was straightforward and capable of summary determination; technical objections and delayed resistance did not amount to laches. Duplicate share scrips were also permitted for the 67 missing scrips, and the heirs were entitled to participate proportionately in further share allotments on the same terms as existing shareholders, while collateral disputes over rival family claims were left to separate proceedings. Case-Laws Companies Law Thu, 22 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101093