https://www.taxtmi.com/caselaws?id=328055 The court upheld the CLB's orders for rectification of the register of members and transmission of shares to the concerned parties, dismissing the appeals challenging these decisions. It found the company must adhere to its Articles and obtain CLB's order for rectification in contested cases. The court also deemed the resolution of 12 September 2011 as mala fide and not in the company's or shareholders' interest. The appellants' arguments were rejected, emphasizing the importance of following due process in such matters. en-us Mon, 28 Mar 2016 00:00:00 +0530 Wed, 25 May 2016 08:26:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328055 The court upheld the CLB's orders for rectification of the register of members and transmission of shares to the concerned parties, dismissing the appeals challenging these decisions. It found the company must adhere to its Articles and obtain CLB's order for rectification in contested cases. The court also deemed the resolution of 12 September 2011 as mala fide and not in the company's or shareholders' interest. The appellants' arguments were rejected, emphasizing the importance of following due process in such matters. Case-Laws Companies Law Mon, 28 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328055