NCLT has jurisdiction over equity share transfer disputes, including those involving State Bank of India under SBI Act.

NCLT has jurisdiction over equity share transfer disputes, including those involving State Bank of India under SBI Act. https://www.taxtmi.com/highlights?id=44610 NCLT jurisdiction - disputes pertaining to transfer of equity shares - It is contended that, State Bank of India is not a Company registered under the provisions of Companies Act and it is a body corporate constituted and incorporated under SBI Act, 1955 which was enacted before the enactment of Companies Act, 1956 therefore, NCLT would have no jurisdiction - The contention rejected. en-us Wed, 20 Feb 2019 09:04:21 +0530 Wed, 20 Feb 2019 09:04:21 +0530 TaxTMI RSS Generator NCLT has jurisdiction over equity share transfer disputes, including those involving State Bank of India under SBI Act. https://www.taxtmi.com/highlights?id=44610 NCLT jurisdiction - disputes pertaining to transfer of equity shares - It is contended that, State Bank of India is not a Company registered under the provisions of Companies Act and it is a body corporate constituted and incorporated under SBI Act, 1955 which was enacted before the enactment of Companies Act, 1956 therefore, NCLT would have no jurisdiction - The contention rejected. Highlights Companies Law Wed, 20 Feb 2019 09:04:21 +0530 https://www.taxtmi.com/highlights?id=44610