https://www.taxtmi.com/caselaws?id=354993 The tribunal ruled in favor of the petitioner, finding that the transfer of shares to R3 was invalid due to forgery and collusion. Procedural lapses by the company, such as accepting outdated documents and lack of genuine transactions, were highlighted. The tribunal ordered the company to rectify the Register of Members by removing R3's name and reinstating the petitioner's within 30 days. The objection of non-joinder of parties was dismissed as irrelevant given the fraudulent nature of the transfer. en-us Thu, 21 Dec 2017 00:00:00 +0530 Thu, 08 Feb 2018 07:48:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354993 The tribunal ruled in favor of the petitioner, finding that the transfer of shares to R3 was invalid due to forgery and collusion. Procedural lapses by the company, such as accepting outdated documents and lack of genuine transactions, were highlighted. The tribunal ordered the company to rectify the Register of Members by removing R3's name and reinstating the petitioner's within 30 days. The objection of non-joinder of parties was dismissed as irrelevant given the fraudulent nature of the transfer. Case-Laws Companies Law Thu, 21 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354993