https://www.taxtmi.com/caselaws?id=199614 The petition was found maintainable as the liquidator had the authority to initiate proceedings for the transfer of shares. The delay in registering the shares was deemed unnecessary, and the Company Law Board directed Dunlop to register the transfer in the name of BoB Fiscal and pay dividends. The objections regarding the applicability of the Limitation Act and alleged illegality of the transaction were dismissed. Compliance with statutory provisions for share transfers was emphasized, and relief was granted to the petitioner for the registration and dividend payments. en-us Mon, 22 May 1995 00:00:00 +0530 Wed, 07 Mar 2018 17:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199614 The petition was found maintainable as the liquidator had the authority to initiate proceedings for the transfer of shares. The delay in registering the shares was deemed unnecessary, and the Company Law Board directed Dunlop to register the transfer in the name of BoB Fiscal and pay dividends. The objections regarding the applicability of the Limitation Act and alleged illegality of the transaction were dismissed. Compliance with statutory provisions for share transfers was emphasized, and relief was granted to the petitioner for the registration and dividend payments. Case-Laws Companies Law Mon, 22 May 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199614