https://www.taxtmi.com/caselaws?id=395067 The Tribunal allowed the petition for share transfer and allotment of bonus shares under section 58 of the Companies Act, 2013. The petitioner's request to transfer shares from his father faced challenges due to a signature mismatch, but as no complaints were lodged by the original transferors, the Tribunal directed the petitioner to provide an indemnity bond for the transfer. Citing legal precedents, the Tribunal emphasized the significance of lack of objections from original transferors and ordered respondent No. 1 to effect the transfer upon receipt of the indemnity bond within 30 days. en-us Mon, 21 Oct 2019 00:00:00 +0530 Mon, 04 May 2020 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395067 The Tribunal allowed the petition for share transfer and allotment of bonus shares under section 58 of the Companies Act, 2013. The petitioner's request to transfer shares from his father faced challenges due to a signature mismatch, but as no complaints were lodged by the original transferors, the Tribunal directed the petitioner to provide an indemnity bond for the transfer. Citing legal precedents, the Tribunal emphasized the significance of lack of objections from original transferors and ordered respondent No. 1 to effect the transfer upon receipt of the indemnity bond within 30 days. Case-Laws Companies Law Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395067