https://www.taxtmi.com/caselaws?id=264585 Rectification of the register of members was examined against challenges to locus standi, non-joinder, summary jurisdiction, suppression of material facts, limitation, and compliance with mandatory share-transfer requirements. The petitioner was treated as a joint shareholder and could pursue rectification; estoppel, waiver and acquiescence could not cure a transfer made in breach of statutory requirements. The forum remained competent to decide the matter summarily despite fraud allegations, but equitable relief was refused where material resignation and relinquishment documents were withheld. The claim was also treated as time-barred under Article 137, and the impugned transfers were found invalid for non-compliance with mandatory transfer formalities. en-us Mon, 18 May 2015 00:00:00 +0530 Mon, 28 Sep 2015 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264585 Rectification of the register of members was examined against challenges to locus standi, non-joinder, summary jurisdiction, suppression of material facts, limitation, and compliance with mandatory share-transfer requirements. The petitioner was treated as a joint shareholder and could pursue rectification; estoppel, waiver and acquiescence could not cure a transfer made in breach of statutory requirements. The forum remained competent to decide the matter summarily despite fraud allegations, but equitable relief was refused where material resignation and relinquishment documents were withheld. The claim was also treated as time-barred under Article 137, and the impugned transfers were found invalid for non-compliance with mandatory transfer formalities. Case-Laws Companies Law Mon, 18 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264585