https://www.taxtmi.com/caselaws?id=106813 Purposive construction of takeover regulations extended mandatory disclosure and anti-evasion rules to acquisitions through controlled intermediaries and to persons with a right to registration, not only registered holders. The civil court retained jurisdiction over a suit seeking declaration that shares acquired in breach of those regulations were void and for rectification of the register, because the statutory company law remedy did not exclude the common law remedy in an appropriate case. An express saving clause preserved proceedings and liability despite repeal of the 1994 regulations. Interim suspension of voting rights was upheld to preserve status quo pending final adjudication. en-us Fri, 28 Sep 2001 00:00:00 +0530 Thu, 15 Mar 2012 17:42:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106813 Purposive construction of takeover regulations extended mandatory disclosure and anti-evasion rules to acquisitions through controlled intermediaries and to persons with a right to registration, not only registered holders. The civil court retained jurisdiction over a suit seeking declaration that shares acquired in breach of those regulations were void and for rectification of the register, because the statutory company law remedy did not exclude the common law remedy in an appropriate case. An express saving clause preserved proceedings and liability despite repeal of the 1994 regulations. Interim suspension of voting rights was upheld to preserve status quo pending final adjudication. Case-Laws Companies Law Fri, 28 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106813