https://www.taxtmi.com/caselaws?id=278586 A composite petition combining rectification of the register of members with oppression relief was treated as maintainable where both remedies arose from the same factual matrix. A valid share transfer required compliance with the statutory transfer procedure, and the absence of original transfer deeds, proper minutes and reliable proof meant the finding of complete transfer was unsupported; the admitted transfer of 76% could be treated as waived only to that extent, leaving the remaining shareholding for fresh examination. The alleged increase in authorised share capital also depended on proof of a duly convened meeting with proper notice and minutes, and the record was found insufficient, requiring fresh adjudication. The CLB order was set aside in part and remanded. en-us Tue, 23 Apr 2013 00:00:00 +0530 Wed, 13 Feb 2019 11:51:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278586 A composite petition combining rectification of the register of members with oppression relief was treated as maintainable where both remedies arose from the same factual matrix. A valid share transfer required compliance with the statutory transfer procedure, and the absence of original transfer deeds, proper minutes and reliable proof meant the finding of complete transfer was unsupported; the admitted transfer of 76% could be treated as waived only to that extent, leaving the remaining shareholding for fresh examination. The alleged increase in authorised share capital also depended on proof of a duly convened meeting with proper notice and minutes, and the record was found insufficient, requiring fresh adjudication. The CLB order was set aside in part and remanded. Case-Laws Companies Law Tue, 23 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278586