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    <title>2007 (1) TMI 614 - COMPANY LAW BOARD , CHENNAI</title>
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    <description>The Delhi High Court remanded the case to the Company Law Board to determine if the appellants are shareholders of the respondent company. The court found in favor of the petitioners, concluding that they were indeed shareholders based on corroborative evidence and lack of refutation from the respondents. The court also ruled that the petition was not barred by limitation as it was filed within the prescribed period. Additionally, the court found the company&#039;s records to be fraudulent and lacking evidentiary value. The respondents&#039; conduct was scrutinized, leading to a decision in favor of the petitioners. The Company Law Board allowed the petitioners&#039; claims without costs.</description>
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    <pubDate>Thu, 04 Jan 2007 00:00:00 +0530</pubDate>
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      <title>2007 (1) TMI 614 - COMPANY LAW BOARD , CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=195806</link>
      <description>The Delhi High Court remanded the case to the Company Law Board to determine if the appellants are shareholders of the respondent company. The court found in favor of the petitioners, concluding that they were indeed shareholders based on corroborative evidence and lack of refutation from the respondents. The court also ruled that the petition was not barred by limitation as it was filed within the prescribed period. Additionally, the court found the company&#039;s records to be fraudulent and lacking evidentiary value. The respondents&#039; conduct was scrutinized, leading to a decision in favor of the petitioners. The Company Law Board allowed the petitioners&#039; claims without costs.</description>
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      <pubDate>Thu, 04 Jan 2007 00:00:00 +0530</pubDate>
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