https://www.taxtmi.com/caselaws?id=102997 The Supreme Court upheld that the allotment of shares would be void if permission is not granted by every stock exchange mentioned in the prospectus, interpreting the word 'each' in section 73(1A) of the Companies Act, 1956. The judgment emphasized the legislative intent to ensure compliance with all stock exchanges for valid allotment, aligning with investor protection and regulatory adherence in the corporate sector. en-us Tue, 31 Oct 1995 00:00:00 +0530 Tue, 10 Sep 2013 11:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102997 The Supreme Court upheld that the allotment of shares would be void if permission is not granted by every stock exchange mentioned in the prospectus, interpreting the word 'each' in section 73(1A) of the Companies Act, 1956. The judgment emphasized the legislative intent to ensure compliance with all stock exchanges for valid allotment, aligning with investor protection and regulatory adherence in the corporate sector. Case-Laws Companies Law Tue, 31 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102997