https://www.taxtmi.com/caselaws?id=330856 The High Court upheld the Company Law Board's order directing the rectification of the Register of Members, emphasizing that the transfer of shares by operation of law through amalgamation does not require compliance with Section 108(1). The appeal was dismissed, affirming the respondent company's right to have the shares registered in its name. The court clarified the applicability of Section 111A over Section 111 for public limited companies and rejected the allegations of fraud and lack of locus standi. en-us Wed, 27 Jul 2016 00:00:00 +0530 Sat, 06 Aug 2016 14:08:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330856 The High Court upheld the Company Law Board's order directing the rectification of the Register of Members, emphasizing that the transfer of shares by operation of law through amalgamation does not require compliance with Section 108(1). The appeal was dismissed, affirming the respondent company's right to have the shares registered in its name. The court clarified the applicability of Section 111A over Section 111 for public limited companies and rejected the allegations of fraud and lack of locus standi. Case-Laws Companies Law Wed, 27 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330856