https://www.taxtmi.com/caselaws?id=274309 The judgment concluded that the Company Law Board (CLB) lacks jurisdiction to entertain applications under Section 111 for rectification of the register of members of public limited companies. The term "company" in Section 111 now refers only to private companies, excluding public companies from the purview of Section 111. The CLB cannot assume jurisdiction for rectification matters concerning public companies under this section. However, an amendment to Section 111A now provides a remedy for appeals in cases of refusal to register transfers for public companies. The only recourse for investors of public companies is to seek remedies through civil courts. en-us Fri, 06 Jun 1997 00:00:00 +0530 Tue, 07 Aug 2018 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274309 The judgment concluded that the Company Law Board (CLB) lacks jurisdiction to entertain applications under Section 111 for rectification of the register of members of public limited companies. The term "company" in Section 111 now refers only to private companies, excluding public companies from the purview of Section 111. The CLB cannot assume jurisdiction for rectification matters concerning public companies under this section. However, an amendment to Section 111A now provides a remedy for appeals in cases of refusal to register transfers for public companies. The only recourse for investors of public companies is to seek remedies through civil courts. Case-Laws Companies Law Fri, 06 Jun 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274309