https://www.taxtmi.com/caselaws?id=199518 The court dismissed the petition, holding that the petitioner failed to comply with mandatory requirements, did not prove mala fides by the directors, and misinterpreted the applicability of Article 39. The directors' rejection of the transfer was deemed valid, legal, and proper. en-us Mon, 16 Jul 1984 00:00:00 +0530 Mon, 05 Mar 2018 17:43:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199518 The court dismissed the petition, holding that the petitioner failed to comply with mandatory requirements, did not prove mala fides by the directors, and misinterpreted the applicability of Article 39. The directors' rejection of the transfer was deemed valid, legal, and proper. Case-Laws Companies Law Mon, 16 Jul 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199518