https://www.taxtmi.com/caselaws?id=102708 The court upheld the Company Law Board's decision to condone the delay in filing appeals under Section 111 of the Companies Act, 1956, and ordered the registration of the transfer of shares. The court found that Section 637B applied to appeals, allowing for the condonation of delay. Additionally, the court determined that the Board of Directors' refusal to register the share transfer was unjustified, as the reasons provided were insufficient, and there was no evidence to support the refusal. The petitions were dismissed, and the company was directed to comply with the CLB's order within two weeks. en-us Mon, 20 Mar 1995 00:00:00 +0530 Wed, 15 Feb 2012 17:40:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102708 The court upheld the Company Law Board's decision to condone the delay in filing appeals under Section 111 of the Companies Act, 1956, and ordered the registration of the transfer of shares. The court found that Section 637B applied to appeals, allowing for the condonation of delay. Additionally, the court determined that the Board of Directors' refusal to register the share transfer was unjustified, as the reasons provided were insufficient, and there was no evidence to support the refusal. The petitions were dismissed, and the company was directed to comply with the CLB's order within two weeks. Case-Laws Companies Law Mon, 20 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102708