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    <title>2017 (6) TMI 958 - NATIONAL COMPANY LAW TRIBUNAL, MUMBAI</title>
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    <description>The Tribunal dismissed the Petition (C.P. No. 93/2013) as the Petitioner failed to demonstrate ownership of the required shares at the time of filing, rendering it not maintainable. The Family Settlement was deemed authentic and binding, supported by evidence including a handwriting expert&#039;s report. The share transfer was found valid despite the Petitioner&#039;s objections. The Petitioner&#039;s claim to 50% shareholding was refuted, leading to the dismissal of the Petition due to lack of locus standi. The Respondent&#039;s challenge to the Petition&#039;s maintainability (C.A. No. 266/2013) was upheld, with pleadings to be recorded accordingly.</description>
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      <description>The Tribunal dismissed the Petition (C.P. No. 93/2013) as the Petitioner failed to demonstrate ownership of the required shares at the time of filing, rendering it not maintainable. The Family Settlement was deemed authentic and binding, supported by evidence including a handwriting expert&#039;s report. The share transfer was found valid despite the Petitioner&#039;s objections. The Petitioner&#039;s claim to 50% shareholding was refuted, leading to the dismissal of the Petition due to lack of locus standi. The Respondent&#039;s challenge to the Petition&#039;s maintainability (C.A. No. 266/2013) was upheld, with pleadings to be recorded accordingly.</description>
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