https://www.taxtmi.com/caselaws?id=187944 The Company Law Board dismissed the petition seeking rectification of the register of members due to the petitioner's 11-year delay in challenging the share cancellation. The Board emphasized the importance of timely legal action, despite the absence of limitation provisions, in matters related to company law and shareholder rights. The decision underscored the impact of undue delay on the admissibility of petitions and stressed the need for diligence in pursuing legal remedies to uphold corporate governance integrity. en-us Mon, 07 Jul 1997 00:00:00 +0530 Sat, 12 Nov 2016 12:08:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187944 The Company Law Board dismissed the petition seeking rectification of the register of members due to the petitioner's 11-year delay in challenging the share cancellation. The Board emphasized the importance of timely legal action, despite the absence of limitation provisions, in matters related to company law and shareholder rights. The decision underscored the impact of undue delay on the admissibility of petitions and stressed the need for diligence in pursuing legal remedies to uphold corporate governance integrity. Case-Laws Companies Law Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187944