https://www.taxtmi.com/caselaws?id=127028 A rectification petition concerning transfer of shares must plead fraud or forgery with particulars and produce supporting material; bare allegations are insufficient. The text states that the challenge was also affected by long delay, and that proceedings for rectification of the register are subject to limitation, with Article 137 of the Limitation Act, 1963 applying to such claims. On those facts, the challenge to the transfer was treated as barred by limitation and laches, and any disputed fraud issues were left to civil proceedings rather than rectification under section 111(4) of the Companies Act, 1956. en-us Mon, 01 Nov 2010 00:00:00 +0530 Mon, 11 Feb 2013 10:28:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127028 A rectification petition concerning transfer of shares must plead fraud or forgery with particulars and produce supporting material; bare allegations are insufficient. The text states that the challenge was also affected by long delay, and that proceedings for rectification of the register are subject to limitation, with Article 137 of the Limitation Act, 1963 applying to such claims. On those facts, the challenge to the transfer was treated as barred by limitation and laches, and any disputed fraud issues were left to civil proceedings rather than rectification under section 111(4) of the Companies Act, 1956. Case-Laws Companies Law Mon, 01 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127028