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    <title>1996 (2) TMI 361 - MONOPOLIES AND RESTRICTIVE TRADE PRACTICES COMMISSION</title>
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    <description>Refusal to register a share transfer was not treated as a restrictive or unfair trade practice where the shares remained in the deceased shareholder&#039;s name, rival claims to title and heirship were pending, and a partition dispute was sub judice. The applicable framework recognised that refusal could be justified in specified circumstances under securities law, and the aggrieved party had a separate statutory remedy under company law. On that basis, no material established any prohibited trade practice by the company, and the review was not maintainable under the MRTP Act.</description>
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      <link>https://www.taxtmi.com/caselaws?id=103052</link>
      <description>Refusal to register a share transfer was not treated as a restrictive or unfair trade practice where the shares remained in the deceased shareholder&#039;s name, rival claims to title and heirship were pending, and a partition dispute was sub judice. The applicable framework recognised that refusal could be justified in specified circumstances under securities law, and the aggrieved party had a separate statutory remedy under company law. On that basis, no material established any prohibited trade practice by the company, and the review was not maintainable under the MRTP Act.</description>
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