https://www.taxtmi.com/caselaws?id=274160 The Company Law Board (CLB) found that the transfers of shares were in violation of SEBI guidelines, directing the respondent-company to rectify its register of members by removing the transferees' names and restoring the petitioners' names within ten days. The CLB also ordered the delivery of relevant share certificates to the petitioners, allowing the transferees to pursue legal action to recover any consideration paid. en-us Wed, 27 May 1998 00:00:00 +0530 Tue, 31 Jul 2018 17:54:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274160 The Company Law Board (CLB) found that the transfers of shares were in violation of SEBI guidelines, directing the respondent-company to rectify its register of members by removing the transferees' names and restoring the petitioners' names within ten days. The CLB also ordered the delivery of relevant share certificates to the petitioners, allowing the transferees to pursue legal action to recover any consideration paid. Case-Laws Companies Law Wed, 27 May 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274160