https://www.taxtmi.com/caselaws?id=258924 Section 59 rectification proceedings may be maintained against the company where the dispute concerns refusal to register transfer and the company's role in maintaining the register. Non-joinder of a joint holder is not necessarily fatal if the principal shareholder is before the forum and the dispute can be decided effectively. Where no specific limitation period is prescribed, Article 137 of the Limitation Act applies, giving three years from accrual of the cause of action. The discussion also notes that long-pending share claims may support rectification, declaration of ownership, and issuance of duplicate share certificates, subject to suitable indemnity protection for the company. en-us Wed, 28 Jan 2015 00:00:00 +0530 Fri, 24 Apr 2015 05:48:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258924 Section 59 rectification proceedings may be maintained against the company where the dispute concerns refusal to register transfer and the company's role in maintaining the register. Non-joinder of a joint holder is not necessarily fatal if the principal shareholder is before the forum and the dispute can be decided effectively. Where no specific limitation period is prescribed, Article 137 of the Limitation Act applies, giving three years from accrual of the cause of action. The discussion also notes that long-pending share claims may support rectification, declaration of ownership, and issuance of duplicate share certificates, subject to suitable indemnity protection for the company. Case-Laws Companies Law Wed, 28 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258924