https://www.taxtmi.com/caselaws?id=102612 The court upheld the constitutional validity of sub-section (3)(c) of section 22A of the Securities Contracts (Regulation) Act, dismissed challenges to the Company Law Board's decision to refuse registration of share transfers, and found the refusal to accept additional affidavits justified. The request for interim relief to restrain the company from transferring ownership in shares, making dividend payments, or issuing rights/bonus shares was denied. All petitions were dismissed, costs were awarded, and the court ruled in favor of the Company Law Board's decisions. en-us Fri, 26 Aug 1994 00:00:00 +0530 Wed, 15 Feb 2012 15:18:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102612 The court upheld the constitutional validity of sub-section (3)(c) of section 22A of the Securities Contracts (Regulation) Act, dismissed challenges to the Company Law Board's decision to refuse registration of share transfers, and found the refusal to accept additional affidavits justified. The request for interim relief to restrain the company from transferring ownership in shares, making dividend payments, or issuing rights/bonus shares was denied. All petitions were dismissed, costs were awarded, and the court ruled in favor of the Company Law Board's decisions. Case-Laws Companies Law Fri, 26 Aug 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102612