https://www.taxtmi.com/caselaws?id=197278 The court found that the transfer of shares without following the company's Articles of Association provisions was invalid. The issuance of duplicate share certificates and subsequent transfers were deemed improper. The court ordered the register of members to be rectified by removing the names of the recipients of the transferred shares and adding the second respondent within a specified timeframe. This decision aimed to correct the unauthorized share transfer and ensure compliance with the company's internal rules and legal obligations under the Companies Act. en-us Thu, 07 Jun 2001 00:00:00 +0530 Mon, 01 Jan 2018 18:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197278 The court found that the transfer of shares without following the company's Articles of Association provisions was invalid. The issuance of duplicate share certificates and subsequent transfers were deemed improper. The court ordered the register of members to be rectified by removing the names of the recipients of the transferred shares and adding the second respondent within a specified timeframe. This decision aimed to correct the unauthorized share transfer and ensure compliance with the company's internal rules and legal obligations under the Companies Act. Case-Laws Companies Law Thu, 07 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197278