https://www.taxtmi.com/caselaws?id=199874 A public company's refusal to register transfer of shares under Section 111A cannot stand on a bare dispute between transferor and transferee, or on a civil suit alone without any restraint order; alleged non-compliance with Section 108, if later cured, does not supply sufficient cause. However, where the real controversy concerns the broker's authority, the passing of title, and connected civil disputes, and the broker is not before the Board, the matter involves disputed factual issues that cannot be finally resolved in summary proceedings. The analysis therefore supports transferability in principle but recognises that final adjudication may fail for want of necessary parties and evidence. en-us Mon, 26 Oct 1998 00:00:00 +0530 Wed, 14 Mar 2018 14:51:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199874 A public company's refusal to register transfer of shares under Section 111A cannot stand on a bare dispute between transferor and transferee, or on a civil suit alone without any restraint order; alleged non-compliance with Section 108, if later cured, does not supply sufficient cause. However, where the real controversy concerns the broker's authority, the passing of title, and connected civil disputes, and the broker is not before the Board, the matter involves disputed factual issues that cannot be finally resolved in summary proceedings. The analysis therefore supports transferability in principle but recognises that final adjudication may fail for want of necessary parties and evidence. Case-Laws Companies Law Mon, 26 Oct 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199874