https://www.taxtmi.com/caselaws?id=193635 Disputed share transfers cannot defeat a shareholder's right to pursue oppression and mismanagement proceedings unless the transfer is legally effective under the company's articles and supported by properly proved statutory records. Share transfer forms and purported minutes did not establish board approval, while the evidentiary presumption for minutes maintained under statutory requirements remained rebuttable. The finding that the shareholder had ceased to hold membership was therefore set aside, and the question of locus standi was remitted for fresh determination after examination of original minutes and other records. en-us Fri, 17 Jun 2016 00:00:00 +0530 Thu, 10 Aug 2017 06:37:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193635 Disputed share transfers cannot defeat a shareholder's right to pursue oppression and mismanagement proceedings unless the transfer is legally effective under the company's articles and supported by properly proved statutory records. Share transfer forms and purported minutes did not establish board approval, while the evidentiary presumption for minutes maintained under statutory requirements remained rebuttable. The finding that the shareholder had ceased to hold membership was therefore set aside, and the question of locus standi was remitted for fresh determination after examination of original minutes and other records. Case-Laws Companies Law Fri, 17 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193635