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    <title>2009 (1) TMI 480 - HIGH COURT OF CALCUTTA</title>
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    <description>The appeal was dismissed, and the interim order of 6-4-2006 was vacated. The appellants were given the option to exercise their rights to receive the shares within four weeks, failing which the company directors could deal with the shares as per their authority. The appellants would be entitled to receive the money deposited with the Registrar, Original Side, along with all accretions, if they chose not to invest in the rights shares. No order as to costs was made.</description>
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      <link>https://www.taxtmi.com/caselaws?id=112761</link>
      <description>The appeal was dismissed, and the interim order of 6-4-2006 was vacated. The appellants were given the option to exercise their rights to receive the shares within four weeks, failing which the company directors could deal with the shares as per their authority. The appellants would be entitled to receive the money deposited with the Registrar, Original Side, along with all accretions, if they chose not to invest in the rights shares. No order as to costs was made.</description>
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