https://www.taxtmi.com/caselaws?id=126872 The bench concluded that the petitioner did not act diligently in addressing the transfer issue and failed to provide sufficient evidence of efforts taken to obtain a fresh transfer deed. The delay of 14 years in filing the petition was deemed inordinate and unjustifiable. The bench directed the respondent-company to issue notice to the transferor before taking any action on the transfer of shares and to act in accordance with the law if the petitioner proves his bona fides and provides the required documents. The petition was disposed of with these directions. en-us Tue, 18 May 2010 00:00:00 +0530 Sat, 02 Feb 2013 18:30:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126872 The bench concluded that the petitioner did not act diligently in addressing the transfer issue and failed to provide sufficient evidence of efforts taken to obtain a fresh transfer deed. The delay of 14 years in filing the petition was deemed inordinate and unjustifiable. The bench directed the respondent-company to issue notice to the transferor before taking any action on the transfer of shares and to act in accordance with the law if the petitioner proves his bona fides and provides the required documents. The petition was disposed of with these directions. Case-Laws Companies Law Tue, 18 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126872