https://www.taxtmi.com/article/detailed?id=8235 Rectification applications lie where a name is wrongly entered, omitted, defaulted or delayed; relief may be sought by the affected person, any member, or the company before the Tribunal, which may direct registration or rectification and require companies or depositories to set right records and pay damages. The Tribunal may act on applications by depositories, company participants, holders, or the securities regulator when transfers breach securities laws; voting rights of transferees remain subject to Tribunal suspension. Contentious factual disputes and collateral commercial issues are not to be decided in rectification proceedings, and forfeiture consistent with articles and records precludes rectification; the statute is silent on limitation, and noncompliance with orders attracts penalties and officer liability. en-us Fri, 09 Nov 2018 19:05:06 +0530 Fri, 09 Nov 2018 19:05:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8235 Rectification applications lie where a name is wrongly entered, omitted, defaulted or delayed; relief may be sought by the affected person, any member, or the company before the Tribunal, which may direct registration or rectification and require companies or depositories to set right records and pay damages. The Tribunal may act on applications by depositories, company participants, holders, or the securities regulator when transfers breach securities laws; voting rights of transferees remain subject to Tribunal suspension. Contentious factual disputes and collateral commercial issues are not to be decided in rectification proceedings, and forfeiture consistent with articles and records precludes rectification; the statute is silent on limitation, and noncompliance with orders attracts penalties and officer liability. Articles Corporate Laws / IBC / SEBI Fri, 09 Nov 2018 19:05:06 +0530 https://www.taxtmi.com/article/detailed?id=8235