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    <title>1984 (12) TMI 258 - HIGH COURT OF MADRAS</title>
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    <description>A mandatory interim injunction altering share ownership should issue only on a strong prima facie case and strict compliance with the company-law framework governing transfer of shares and duplicate certificates. Where entitlement is disputed, material facts are suppressed, the relevant company-court proceedings are not disclosed, and the company is not properly before the court, such relief is inappropriate. The statutory requirements for valid transfer instruments, proof of loss or destruction, and the company&#039;s role under the Companies Act must be examined before compelling transfer or issuance of duplicates. On these facts, the injunction was unsustainable and was set aside.</description>
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    <pubDate>Fri, 14 Dec 1984 00:00:00 +0530</pubDate>
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      <title>1984 (12) TMI 258 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=101281</link>
      <description>A mandatory interim injunction altering share ownership should issue only on a strong prima facie case and strict compliance with the company-law framework governing transfer of shares and duplicate certificates. Where entitlement is disputed, material facts are suppressed, the relevant company-court proceedings are not disclosed, and the company is not properly before the court, such relief is inappropriate. The statutory requirements for valid transfer instruments, proof of loss or destruction, and the company&#039;s role under the Companies Act must be examined before compelling transfer or issuance of duplicates. On these facts, the injunction was unsustainable and was set aside.</description>
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      <pubDate>Fri, 14 Dec 1984 00:00:00 +0530</pubDate>
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