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    <title>2000 (2) TMI 828 - Company Law Board</title>
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    <description>Rectification of the register of members cannot be used to resolve allegations of fraud, forgery, collusion, manipulation or misrepresentation where the dispute turns on contested foundational facts about the transfer of shares. Questions such as the genuineness of transfer deeds, custody of original share certificates, attestation of signatures, approval by the committee and board, resignation from directorship and payment of consideration went to title and the validity of the transfer, and were too disputed for summary jurisdiction under the Companies Act. The proper course in such circumstances is civil adjudication, not rectification proceedings; the petitioner was therefore left to seek relief before the civil court.</description>
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      <title>2000 (2) TMI 828 - Company Law Board</title>
      <link>https://www.taxtmi.com/caselaws?id=170957</link>
      <description>Rectification of the register of members cannot be used to resolve allegations of fraud, forgery, collusion, manipulation or misrepresentation where the dispute turns on contested foundational facts about the transfer of shares. Questions such as the genuineness of transfer deeds, custody of original share certificates, attestation of signatures, approval by the committee and board, resignation from directorship and payment of consideration went to title and the validity of the transfer, and were too disputed for summary jurisdiction under the Companies Act. The proper course in such circumstances is civil adjudication, not rectification proceedings; the petitioner was therefore left to seek relief before the civil court.</description>
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      <pubDate>Mon, 07 Feb 2000 00:00:00 +0530</pubDate>
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