https://www.taxtmi.com/caselaws?id=326062 Section 111A(3) of the Companies Act, 1956 allows rectification of the register of members only where a share transfer is in contravention of the SEBI Act, the Sick Industrial Companies (Special Provisions) Act, or any other law in force. A breach of a private agreement, including contractual pre-emption or pledge arrangements, is not equivalent to a statutory violation. On the facts described, the dispute disclosed only a contractual grievance and no legal infraction attracting Section 111A(3), so the petition for rectification was not maintainable. en-us Fri, 26 Feb 2016 00:00:00 +0530 Wed, 06 Apr 2016 08:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326062 Section 111A(3) of the Companies Act, 1956 allows rectification of the register of members only where a share transfer is in contravention of the SEBI Act, the Sick Industrial Companies (Special Provisions) Act, or any other law in force. A breach of a private agreement, including contractual pre-emption or pledge arrangements, is not equivalent to a statutory violation. On the facts described, the dispute disclosed only a contractual grievance and no legal infraction attracting Section 111A(3), so the petition for rectification was not maintainable. Case-Laws Companies Law Fri, 26 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326062