https://www.taxtmi.com/caselaws?id=113974 The court dismissed the appeal seeking rectification of the share transfer register under section 111 of the Companies Act, 1956. It upheld the Company Law Board's decision, ruling that the ownership dispute involving transfer of shares after the original owner's demise should be addressed in a civil court by legal heirs, not under section 111. The appellants were directed to pay costs to the respondents, emphasizing that the issues raised were beyond the scope of rectification jurisdiction. en-us Tue, 20 Oct 2009 00:00:00 +0530 Thu, 30 Oct 2014 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113974 The court dismissed the appeal seeking rectification of the share transfer register under section 111 of the Companies Act, 1956. It upheld the Company Law Board's decision, ruling that the ownership dispute involving transfer of shares after the original owner's demise should be addressed in a civil court by legal heirs, not under section 111. The appellants were directed to pay costs to the respondents, emphasizing that the issues raised were beyond the scope of rectification jurisdiction. Case-Laws Companies Law Tue, 20 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113974