https://www.taxtmi.com/caselaws?id=393915 A petition seeking rectification and transfer of shares lost maintainability after the company entered corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 and a resolution plan was approved. Once those developments occurred, the petitioners no longer had a subsisting interest in the company, so their grievance over the impugned share transfer did not survive for adjudication. The reliefs claimed had become infructuous, and the petition was dismissed on that basis. en-us Wed, 08 Jan 2020 00:00:00 +0530 Wed, 25 Mar 2020 11:49:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393915 A petition seeking rectification and transfer of shares lost maintainability after the company entered corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 and a resolution plan was approved. Once those developments occurred, the petitioners no longer had a subsisting interest in the company, so their grievance over the impugned share transfer did not survive for adjudication. The reliefs claimed had become infructuous, and the petition was dismissed on that basis. Case-Laws Companies Law Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393915