https://www.taxtmi.com/caselaws?id=102741 A bona fide mistaken dispatch of share certificates to a person with the same name, coupled with expired rectification limitation, meant criminal proceedings against the company were not warranted and stood dropped. The Court also directed corrective measures to protect the rightful shareholder's entitlement, including cancellation of the wrong certificate, issuance of a duplicate certificate, and consequential reliefs such as dividends, rights or bonus, together with assistance in furnishing required documents. The ruling treats an inadvertent identity error in share transfer as insufficient to sustain proceedings against the company, while ensuring restoration of the shareholder's proprietary and incidental benefits. en-us Mon, 01 May 1995 00:00:00 +0530 Wed, 15 Feb 2012 18:21:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102741 A bona fide mistaken dispatch of share certificates to a person with the same name, coupled with expired rectification limitation, meant criminal proceedings against the company were not warranted and stood dropped. The Court also directed corrective measures to protect the rightful shareholder's entitlement, including cancellation of the wrong certificate, issuance of a duplicate certificate, and consequential reliefs such as dividends, rights or bonus, together with assistance in furnishing required documents. The ruling treats an inadvertent identity error in share transfer as insufficient to sustain proceedings against the company, while ensuring restoration of the shareholder's proprietary and incidental benefits. Case-Laws Companies Law Mon, 01 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102741