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    <title>2004 (7) TMI 663 - COMPANY LAW BOARD</title>
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    <description>The Company Law Board (CLB) had jurisdiction to rectify the register of members in a case involving disputed share transfers. The CLB found that the petition was not time-barred and clarified that there was no limitation for rectification under Section 111(4) of the Companies Act, 1956. The petitioner successfully proved that the alleged share transfer did not occur, as the respondents failed to provide sufficient evidence. Consequently, the CLB directed the rectification of the register in favor of the petitioner and ordered the issuance of duplicate share certificates within 30 days.</description>
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    <pubDate>Thu, 15 Jul 2004 00:00:00 +0530</pubDate>
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      <title>2004 (7) TMI 663 - COMPANY LAW BOARD</title>
      <link>https://www.taxtmi.com/caselaws?id=187941</link>
      <description>The Company Law Board (CLB) had jurisdiction to rectify the register of members in a case involving disputed share transfers. The CLB found that the petition was not time-barred and clarified that there was no limitation for rectification under Section 111(4) of the Companies Act, 1956. The petitioner successfully proved that the alleged share transfer did not occur, as the respondents failed to provide sufficient evidence. Consequently, the CLB directed the rectification of the register in favor of the petitioner and ordered the issuance of duplicate share certificates within 30 days.</description>
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