https://www.taxtmi.com/caselaws?id=191566 A statutory remedy for rectification of the register did not exclude a regular civil suit where the share-registration dispute was complex and unsuitable for summary determination. The Companies Act was treated as regulative rather than a complete code barring ordinary suits by implication. A court sale of shares was treated as transmission by operation of law, so articles governing voluntary transfers and discretion to refuse registration did not apply. The clause dealing with succession on death was confined to executors or administrators and did not apply to a purchaser at court sale. The purchaser was therefore entitled to registration of the shares and consequential dividend relief. en-us Tue, 01 Nov 1927 00:00:00 +0530 Fri, 07 Apr 2017 12:10:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191566 A statutory remedy for rectification of the register did not exclude a regular civil suit where the share-registration dispute was complex and unsuitable for summary determination. The Companies Act was treated as regulative rather than a complete code barring ordinary suits by implication. A court sale of shares was treated as transmission by operation of law, so articles governing voluntary transfers and discretion to refuse registration did not apply. The clause dealing with succession on death was confined to executors or administrators and did not apply to a purchaser at court sale. The purchaser was therefore entitled to registration of the shares and consequential dividend relief. Case-Laws Companies Law Tue, 01 Nov 1927 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191566