<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2012 (1) TMI 325 - COMPANY LAW BOARD, MUMBAI</title>
    <link>https://www.taxtmi.com/caselaws?id=194423</link>
    <description>A person claiming transmission of shares and rectification of the register must show legally cognisable entitlement to the deceased member&#039;s estate and comply with the company&#039;s articles and statutory requirements before seeking relief. Mere assertion of heirship, without probate, letters of administration, succession certificate or other proof of title, is insufficient. Standing to pursue oppression and mismanagement relief is also restricted to a member or members, so a claimant not entered as a member cannot invoke those remedies on the facts shown. The petition was therefore not maintainable and was liable to be dismissed.</description>
    <language>en-us</language>
    <pubDate>Thu, 05 Jan 2012 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 09 Sep 2022 15:46:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=488473" rel="self" type="application/rss+xml"/>
    <item>
      <title>2012 (1) TMI 325 - COMPANY LAW BOARD, MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=194423</link>
      <description>A person claiming transmission of shares and rectification of the register must show legally cognisable entitlement to the deceased member&#039;s estate and comply with the company&#039;s articles and statutory requirements before seeking relief. Mere assertion of heirship, without probate, letters of administration, succession certificate or other proof of title, is insufficient. Standing to pursue oppression and mismanagement relief is also restricted to a member or members, so a claimant not entered as a member cannot invoke those remedies on the facts shown. The petition was therefore not maintainable and was liable to be dismissed.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Thu, 05 Jan 2012 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=194423</guid>
    </item>
  </channel>
</rss>