https://www.taxtmi.com/caselaws?id=200284 The Privy Council upheld the Appeal Court's decision, dismissing the appellant's claims regarding the ownership and disposition of shares held by a joint Hindu family. The court emphasized the importance of documentary evidence over oral testimonies, concluding that the shares were indeed sold by the banks to the respondents based on formal records and correspondence. The appellant's insolvency petition and lack of credible evidence led to the rejection of their claims, including an amended story deemed inconsistent and unsupported. Ultimately, the court favored the respondents, highlighting the necessity of reliable documentation in legal proceedings. en-us Tue, 30 Jul 1946 00:00:00 +0530 Sat, 24 Mar 2018 16:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200284 The Privy Council upheld the Appeal Court's decision, dismissing the appellant's claims regarding the ownership and disposition of shares held by a joint Hindu family. The court emphasized the importance of documentary evidence over oral testimonies, concluding that the shares were indeed sold by the banks to the respondents based on formal records and correspondence. The appellant's insolvency petition and lack of credible evidence led to the rejection of their claims, including an amended story deemed inconsistent and unsupported. Ultimately, the court favored the respondents, highlighting the necessity of reliable documentation in legal proceedings. Case-Laws Indian Laws Tue, 30 Jul 1946 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200284