https://www.taxtmi.com/caselaws?id=291671 The Tribunal confirmed late Mr. Santanu Mondal's shareholding in the company and directed the transmission of his shares to his legal heirs, the wife and daughter, who had submitted all necessary documents. The Respondents' unjustified delays were deemed oppressive, leading to the Tribunal ordering the transmission of shares within two weeks and granting the Petitioners equal shareholder benefits from a specified date. The judgment emphasizes adherence to legal procedures in share transmission and consequences of arbitrary actions by company directors. en-us Wed, 26 Feb 2020 00:00:00 +0530 Fri, 20 Nov 2020 19:21:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291671 The Tribunal confirmed late Mr. Santanu Mondal's shareholding in the company and directed the transmission of his shares to his legal heirs, the wife and daughter, who had submitted all necessary documents. The Respondents' unjustified delays were deemed oppressive, leading to the Tribunal ordering the transmission of shares within two weeks and granting the Petitioners equal shareholder benefits from a specified date. The judgment emphasizes adherence to legal procedures in share transmission and consequences of arbitrary actions by company directors. Case-Laws Companies Law Wed, 26 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291671