https://www.taxtmi.com/caselaws?id=102694 The court dismissed the petition seeking rectification of the shares register, challenging allotment of shares and increase in share capital, citing it as time-barred and involving disputed facts beyond its jurisdiction. The court emphasized the summary nature of proceedings under section 155 of the Companies Act, stating they are not intended for intricate factual disputes. The importance of complying with legal procedures, including timely filings and adherence to statutory requirements for share allotments and capital increases, was underscored in the judgment. en-us Thu, 02 Mar 1995 00:00:00 +0530 Sat, 12 Nov 2016 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102694 The court dismissed the petition seeking rectification of the shares register, challenging allotment of shares and increase in share capital, citing it as time-barred and involving disputed facts beyond its jurisdiction. The court emphasized the summary nature of proceedings under section 155 of the Companies Act, stating they are not intended for intricate factual disputes. The importance of complying with legal procedures, including timely filings and adherence to statutory requirements for share allotments and capital increases, was underscored in the judgment. Case-Laws Companies Law Thu, 02 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102694