https://www.taxtmi.com/caselaws?id=101431 A company cannot be compelled to register a share transfer or rectify its share register if the transfer deed is not duly stamped. Section 108 of the Companies Act, 1956 requires delivery of a proper instrument of transfer duly stamped before registration, and section 12 of the Indian Stamp Act, 1899 treats an adhesive stamp as unstamped if it is not cancelled on execution. Read together, these provisions make proper stamping a mandatory precondition to registration, and a court cannot direct a company to act contrary to that statutory requirement. The question of succession certificate was not finally decided. en-us Mon, 03 Feb 1986 00:00:00 +0530 Thu, 09 Feb 2012 17:18:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101431 A company cannot be compelled to register a share transfer or rectify its share register if the transfer deed is not duly stamped. Section 108 of the Companies Act, 1956 requires delivery of a proper instrument of transfer duly stamped before registration, and section 12 of the Indian Stamp Act, 1899 treats an adhesive stamp as unstamped if it is not cancelled on execution. Read together, these provisions make proper stamping a mandatory precondition to registration, and a court cannot direct a company to act contrary to that statutory requirement. The question of succession certificate was not finally decided. Case-Laws Companies Law Mon, 03 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101431