https://www.taxtmi.com/caselaws?id=170965 Rectification of the register of members could not be refused merely because of delay, laches or a parallel civil suit where the application alleged illegality in the share allotment. The court held that a member had locus standi under section 111 to seek rectification, and the tribunal had to first consider whether the impugned allotment was legally void, including possible non-compliance with mandatory provisions governing further issue of shares and any issue beyond authorised capital. Summary rejection was therefore improper where disputed facts might still be resolved on the material before the tribunal. The matter was remitted for fresh consideration on the merits. en-us Fri, 19 Feb 1999 00:00:00 +0530 Mon, 06 Jul 2015 10:59:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170965 Rectification of the register of members could not be refused merely because of delay, laches or a parallel civil suit where the application alleged illegality in the share allotment. The court held that a member had locus standi under section 111 to seek rectification, and the tribunal had to first consider whether the impugned allotment was legally void, including possible non-compliance with mandatory provisions governing further issue of shares and any issue beyond authorised capital. Summary rejection was therefore improper where disputed facts might still be resolved on the material before the tribunal. The matter was remitted for fresh consideration on the merits. Case-Laws Companies Law Fri, 19 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170965