https://www.taxtmi.com/caselaws?id=287914 A petition for rectification or transfer of shares under Section 11 IA depends on proof that the transfer deeds and original share certificates were actually lodged with the company; a courier receipt alone is insufficient, and without lodgement the statutory right does not arise. Long delay, particularly where shares have already been transferred, dematerialised, and third-party interests have intervened, can render the remedy stale and barred by laches. Where the dispute turns on title to shares and allegations of fraud, summary proceedings are inappropriate and the matter requires adjudication by a civil court. en-us Wed, 02 May 2018 00:00:00 +0530 Sat, 09 May 2020 00:07:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287914 A petition for rectification or transfer of shares under Section 11 IA depends on proof that the transfer deeds and original share certificates were actually lodged with the company; a courier receipt alone is insufficient, and without lodgement the statutory right does not arise. Long delay, particularly where shares have already been transferred, dematerialised, and third-party interests have intervened, can render the remedy stale and barred by laches. Where the dispute turns on title to shares and allegations of fraud, summary proceedings are inappropriate and the matter requires adjudication by a civil court. Case-Laws Companies Law Wed, 02 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287914