https://www.taxtmi.com/caselaws?id=237267 The High Court upheld the Company Law Board's decision to dismiss the appellant's petition for rectification of the register of members under Section 111(4) of the Companies Act, 1956. The court found that the appellant's long delay in asserting his claim, lack of evidence, and acceptance of a family settlement in 1993 disentitled him from relief. Emphasizing the importance of timely action and honoring family settlements, the court rejected the appellant's claim to shares and imposed costs of Rs. 25,000 on the appellant. en-us Wed, 18 Sep 2013 00:00:00 +0530 Mon, 23 Sep 2013 09:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237267 The High Court upheld the Company Law Board's decision to dismiss the appellant's petition for rectification of the register of members under Section 111(4) of the Companies Act, 1956. The court found that the appellant's long delay in asserting his claim, lack of evidence, and acceptance of a family settlement in 1993 disentitled him from relief. Emphasizing the importance of timely action and honoring family settlements, the court rejected the appellant's claim to shares and imposed costs of Rs. 25,000 on the appellant. Case-Laws Companies Law Wed, 18 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237267