https://www.taxtmi.com/caselaws?id=368372 Section 59 rectification proceedings are limited to whether a person's name was entered in, or omitted from, the register without sufficient cause. Where relief depends on disputed questions about an investment agreement, articles of association, prior election for conversion, withdrawal from that election, default consequences, or the validity of a board resolution converting compulsory convertible debentures into equity, those issues fall outside summary rectification jurisdiction. On the stated facts, the entry of the shareholder name was not shown to have been made without sufficient cause, and deletion of the equity entry could not be ordered. The article therefore states that rectification is unavailable when the challenge turns on contested contractual and corporate rights. en-us Wed, 29 Aug 2018 00:00:00 +0530 Wed, 06 May 2020 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368372 Section 59 rectification proceedings are limited to whether a person's name was entered in, or omitted from, the register without sufficient cause. Where relief depends on disputed questions about an investment agreement, articles of association, prior election for conversion, withdrawal from that election, default consequences, or the validity of a board resolution converting compulsory convertible debentures into equity, those issues fall outside summary rectification jurisdiction. On the stated facts, the entry of the shareholder name was not shown to have been made without sufficient cause, and deletion of the equity entry could not be ordered. The article therefore states that rectification is unavailable when the challenge turns on contested contractual and corporate rights. Case-Laws Companies Law Wed, 29 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368372