https://www.taxtmi.com/caselaws?id=199199 Rectification of the register of members may be sought where a share transmission is effected without probate contrary to the articles of association. Board discretion under the articles must be exercised cautiously, on proper principles and in the company's interests; reliance on legal opinions or past practice does not cure procedural irregularities or mala fide conduct. Legal heirs recognised on intestacy may have sufficient interest to seek rectification despite not being registered members. Property of a deceased person vests in the executor under the Indian Succession Act, while title becomes certain upon probate. Parallel High Court proceedings seeking different reliefs do not necessarily bar rectification proceedings or restrict rectification authority. en-us Wed, 28 Jun 2006 00:00:00 +0530 Thu, 22 Feb 2018 15:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199199 Rectification of the register of members may be sought where a share transmission is effected without probate contrary to the articles of association. Board discretion under the articles must be exercised cautiously, on proper principles and in the company's interests; reliance on legal opinions or past practice does not cure procedural irregularities or mala fide conduct. Legal heirs recognised on intestacy may have sufficient interest to seek rectification despite not being registered members. Property of a deceased person vests in the executor under the Indian Succession Act, while title becomes certain upon probate. Parallel High Court proceedings seeking different reliefs do not necessarily bar rectification proceedings or restrict rectification authority. Case-Laws Companies Law Wed, 28 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199199