https://www.taxtmi.com/caselaws?id=264990 The SC dismissed appeals challenging HC's reversal of Company Law Board's rejection of share rectification claim. The DR Group sought rectification of share register under Section 111 of Companies Act, 1956 based on succession certificate, transfer deed, and ROC revalidation letter. SC held that CLB's exclusive jurisdiction applies only to genuine rectification matters, not alien issues. Since no real dispute existed regarding DR Group's entitlement - they followed due procedure with proper documentation including succession certificate and transfer deed from the original inheritor - the CLB had no justification to reject their claim even in summary jurisdiction. en-us Wed, 23 Sep 2015 00:00:00 +0530 Tue, 15 Jul 2025 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264990 The SC dismissed appeals challenging HC's reversal of Company Law Board's rejection of share rectification claim. The DR Group sought rectification of share register under Section 111 of Companies Act, 1956 based on succession certificate, transfer deed, and ROC revalidation letter. SC held that CLB's exclusive jurisdiction applies only to genuine rectification matters, not alien issues. Since no real dispute existed regarding DR Group's entitlement - they followed due procedure with proper documentation including succession certificate and transfer deed from the original inheritor - the CLB had no justification to reject their claim even in summary jurisdiction. Case-Laws Companies Law Wed, 23 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264990