https://www.taxtmi.com/caselaws?id=197295 Membership under Section 399 of the Companies Act, 1956 continued where the petitioner's name remained in the register of members and an alleged share sale agreement had not been implemented, so locus standi was retained. A withdrawn High Court petition did not remain pending, and a later petition filed after the jurisdictional transfer to the Company Law Board was not barred by Section 68 on that basis. However, a substantially repetitive petition, filed after years of prior proceedings, was treated as forum shopping and an abuse of process, with gross delay and laches, and was therefore not entertained on merits. en-us Mon, 27 Jul 1998 00:00:00 +0530 Tue, 02 Jan 2018 10:08:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197295 Membership under Section 399 of the Companies Act, 1956 continued where the petitioner's name remained in the register of members and an alleged share sale agreement had not been implemented, so locus standi was retained. A withdrawn High Court petition did not remain pending, and a later petition filed after the jurisdictional transfer to the Company Law Board was not barred by Section 68 on that basis. However, a substantially repetitive petition, filed after years of prior proceedings, was treated as forum shopping and an abuse of process, with gross delay and laches, and was therefore not entertained on merits. Case-Laws Companies Law Mon, 27 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197295