https://www.taxtmi.com/caselaws?id=112690 The Court held that legal heirs of deceased workers were not entitled to receive dividend payments without succession certificates under Rule 280 of the Companies (Court) Rules, 1959. Despite arguments invoking inherent powers of the Court, the Court emphasized adherence to Rule 280's safeguards for genuine creditors. Previous judgments cited were deemed inapplicable. The applications were rejected, with a directive for prompt resolution if applicants pursued succession certificates. en-us Fri, 24 Oct 2008 00:00:00 +0530 Tue, 25 Nov 2014 15:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112690 The Court held that legal heirs of deceased workers were not entitled to receive dividend payments without succession certificates under Rule 280 of the Companies (Court) Rules, 1959. Despite arguments invoking inherent powers of the Court, the Court emphasized adherence to Rule 280's safeguards for genuine creditors. Previous judgments cited were deemed inapplicable. The applications were rejected, with a directive for prompt resolution if applicants pursued succession certificates. Case-Laws Companies Law Fri, 24 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112690