https://www.taxtmi.com/caselaws?id=212597 Transmission of a deceased shareholder's shares was refused because the petitioner did not establish valid legal heirship. The claim relied on a succession certificate, but the certificate from the Deputy Administrator General had been restrained and could not serve as subsisting proof. In the absence of a will or any other valid supporting document showing entitlement, the company was justified in declining transmission under its articles, which allowed transfer to legal heirs only on proof of the succession claim. Rectification of the register of members was therefore also not available, and the petition failed. en-us Fri, 20 Jan 2012 00:00:00 +0530 Mon, 11 Feb 2013 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212597 Transmission of a deceased shareholder's shares was refused because the petitioner did not establish valid legal heirship. The claim relied on a succession certificate, but the certificate from the Deputy Administrator General had been restrained and could not serve as subsisting proof. In the absence of a will or any other valid supporting document showing entitlement, the company was justified in declining transmission under its articles, which allowed transfer to legal heirs only on proof of the succession claim. Rectification of the register of members was therefore also not available, and the petition failed. Case-Laws Companies Law Fri, 20 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212597