https://www.taxtmi.com/caselaws?id=193576 Rectification proceedings under the Companies Act were treated as maintainable in transmission disputes relating to public company shares, and legal heirs of a deceased shareholder were recognised as having locus standi where the predecessor's beneficial interest was in issue. Delay in filing one petition was condoned on sufficient cause, including attempted family settlement and later discovery of the transmission. The Board found the impugned transmissions in two companies were made without proper interpretation of the Wills and without sufficient cause, so the register of members was ordered to be corrected for those companies. Relief was declined for the third company on the facts, while substantive title disputes were left open for civil adjudication. en-us Mon, 20 Aug 2007 00:00:00 +0530 Tue, 08 Aug 2017 11:04:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193576 Rectification proceedings under the Companies Act were treated as maintainable in transmission disputes relating to public company shares, and legal heirs of a deceased shareholder were recognised as having locus standi where the predecessor's beneficial interest was in issue. Delay in filing one petition was condoned on sufficient cause, including attempted family settlement and later discovery of the transmission. The Board found the impugned transmissions in two companies were made without proper interpretation of the Wills and without sufficient cause, so the register of members was ordered to be corrected for those companies. Relief was declined for the third company on the facts, while substantive title disputes were left open for civil adjudication. Case-Laws Companies Law Mon, 20 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193576