https://www.taxtmi.com/caselaws?id=199199 The Court found that the transmission of shares without probate to the 2nd respondent was invalid due to malafide intentions and violations of the Articles of Association. The Board's decision was overturned, and the Register of Members was ordered to be rectified by reinstating the deceased's name. The petitioners were deemed to have the necessary standing to bring the case, emphasizing the need to adhere to the Articles of Association and exercise discretionary powers carefully. 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 The Court found that the transmission of shares without probate to the 2nd respondent was invalid due to malafide intentions and violations of the Articles of Association. The Board's decision was overturned, and the Register of Members was ordered to be rectified by reinstating the deceased's name. The petitioners were deemed to have the necessary standing to bring the case, emphasizing the need to adhere to the Articles of Association and exercise discretionary powers carefully. Case-Laws Companies Law Wed, 28 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199199