https://www.taxtmi.com/caselaws?id=113776 Limitation in a petition for rectification of the register of members was assessed from the date the disputed transfer was discovered, and the claim filed within three years of that knowledge was held to be in time. A valid share transfer required compliance with mandatory statutory requirements, including proper execution and supporting transfer records. Because the company could not produce foundational documents such as the transfer instrument, board resolution, and statutory registers, the alleged transfer was not proved. Rectification under section 111 was therefore justified, and the direction to issue a duplicate share certificate was sustained. en-us Tue, 09 Feb 2010 00:00:00 +0530 Thu, 16 Oct 2014 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113776 Limitation in a petition for rectification of the register of members was assessed from the date the disputed transfer was discovered, and the claim filed within three years of that knowledge was held to be in time. A valid share transfer required compliance with mandatory statutory requirements, including proper execution and supporting transfer records. Because the company could not produce foundational documents such as the transfer instrument, board resolution, and statutory registers, the alleged transfer was not proved. Rectification under section 111 was therefore justified, and the direction to issue a duplicate share certificate was sustained. Case-Laws Companies Law Tue, 09 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113776