https://www.taxtmi.com/caselaws?id=298894 Sections 111 and 111A of the Companies Act, 1956 were treated as conferring a limited rectification jurisdiction confined to transfer or transmission disputes and refusal of registration. The validity of forfeiture of debentures, including whether notice was given and whether conversion rights had matured, was held to be a triable civil issue beyond the Company Law Board's remit. Because the Act did not expressly exclude civil court jurisdiction under section 9 of the Code of Civil Procedure, the dispute had to be pursued before the competent forum rather than before the Board. en-us Thu, 02 May 2013 00:00:00 +0530 Fri, 26 Nov 2021 10:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298894 Sections 111 and 111A of the Companies Act, 1956 were treated as conferring a limited rectification jurisdiction confined to transfer or transmission disputes and refusal of registration. The validity of forfeiture of debentures, including whether notice was given and whether conversion rights had matured, was held to be a triable civil issue beyond the Company Law Board's remit. Because the Act did not expressly exclude civil court jurisdiction under section 9 of the Code of Civil Procedure, the dispute had to be pursued before the competent forum rather than before the Board. Case-Laws Companies Law Thu, 02 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298894