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    <title>2018 (11) TMI 775 - NATIONAL COMPANY LAW TRIBUNAL, KOLKATA</title>
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    <description>The Tribunal allowed the petition, directing the respondent to register the transfer of 100 shares in the petitioner&#039;s name within one month. The Tribunal found the petition timely and compliant with the Companies Act, rejecting arguments of premature application, competing business, and deceptive transfer. The petitioner&#039;s shareholders were not engaged in competing businesses, and concerns of mala fide intent were dismissed. Each party was ordered to bear its own costs.</description>
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      <description>The Tribunal allowed the petition, directing the respondent to register the transfer of 100 shares in the petitioner&#039;s name within one month. The Tribunal found the petition timely and compliant with the Companies Act, rejecting arguments of premature application, competing business, and deceptive transfer. The petitioner&#039;s shareholders were not engaged in competing businesses, and concerns of mala fide intent were dismissed. Each party was ordered to bear its own costs.</description>
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