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    <title>1955 (1) TMI 48 - Patna High Court</title>
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    <description>Rectification of the share register under Section 38 was refused where the validity and effect of a company resolution and related transfers were substantively disputed and the same questions were sub judice in concurrent civil suits; summary, discretionary relief is inappropriate when contested facts and claims require fuller adjudication and there is no established equity to disturb the existing register. The court directed that contested issues be determined in appropriate civil proceedings rather than by summary rectification, resulting in dismissal of the rectification application.</description>
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      <description>Rectification of the share register under Section 38 was refused where the validity and effect of a company resolution and related transfers were substantively disputed and the same questions were sub judice in concurrent civil suits; summary, discretionary relief is inappropriate when contested facts and claims require fuller adjudication and there is no established equity to disturb the existing register. The court directed that contested issues be determined in appropriate civil proceedings rather than by summary rectification, resulting in dismissal of the rectification application.</description>
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