https://www.taxtmi.com/caselaws?id=200059 Court-held auction sales effect immediate transmission of title independent of private transfer formalities, and Article 25/Section 34(3) do not bar mutation of shares acquired by court sale; omission to serve the notice required by Order 21, Rule 22 C.P. Code renders the sale void only as to the unrepresented judgment-debtor's share, not the entire sale, subject to factual determination whether the judgment-debtor died before execution; the limitation under Article 120 began when the company's definitive refusal to register was communicated, and plaintiffs' entitlement to dividends and quantification of share (either full or proportionate) is remanded for determination and account. en-us Thu, 22 Feb 1951 00:00:00 +0530 Mon, 19 Mar 2018 12:34:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200059 Court-held auction sales effect immediate transmission of title independent of private transfer formalities, and Article 25/Section 34(3) do not bar mutation of shares acquired by court sale; omission to serve the notice required by Order 21, Rule 22 C.P. Code renders the sale void only as to the unrepresented judgment-debtor's share, not the entire sale, subject to factual determination whether the judgment-debtor died before execution; the limitation under Article 120 began when the company's definitive refusal to register was communicated, and plaintiffs' entitlement to dividends and quantification of share (either full or proportionate) is remanded for determination and account. Case-Laws Companies Law Thu, 22 Feb 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200059