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    <title>2020 (11) TMI 632 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL, NEW DELHI</title>
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    <description>Transmission of a deceased shareholder&#039;s securities was held unjustified where the respondents&#039; identity and relationship with the deceased were undisputed and the late objection about the deceased&#039;s mother was treated as a new ground. The appellant&#039;s prior conduct in recognising the respondents&#039; interest in a foreign sister concern supported application of estoppel by conduct under Section 115 of the Indian Evidence Act, 1872. The Tribunal&#039;s power to deal with the dispute and direct rectification of the register was also supported by Section 430 of the Companies Act, 2013, which excludes civil court jurisdiction over matters assignable to the Tribunal.</description>
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      <description>Transmission of a deceased shareholder&#039;s securities was held unjustified where the respondents&#039; identity and relationship with the deceased were undisputed and the late objection about the deceased&#039;s mother was treated as a new ground. The appellant&#039;s prior conduct in recognising the respondents&#039; interest in a foreign sister concern supported application of estoppel by conduct under Section 115 of the Indian Evidence Act, 1872. The Tribunal&#039;s power to deal with the dispute and direct rectification of the register was also supported by Section 430 of the Companies Act, 2013, which excludes civil court jurisdiction over matters assignable to the Tribunal.</description>
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