https://www.taxtmi.com/caselaws?id=305481 The dominant issue was whether the HC's civil jurisdiction was barred by the Companies Act provisions conferring powers on the CLB. Holding that the dispute involved title to shares, alleged fraud, and complicated factual questions beyond CLB's limited rectification remit under s. 111, the HC ruled its inherent jurisdiction was not excluded, and the suit could proceed. On the challenge to the purported pre-death transfer of the deceased's shares contrary to an admitted will bequeathing them equally to both heirs, the HC found a prima facie need to protect the claimant's half share and granted ad-interim protection by directing deposit of a specified amount failing which restraint on alienation of listed properties; limitation was left for trial on evidence. en-us Tue, 30 Oct 2012 00:00:00 +0530 Tue, 06 Jan 2026 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305481 The dominant issue was whether the HC's civil jurisdiction was barred by the Companies Act provisions conferring powers on the CLB. Holding that the dispute involved title to shares, alleged fraud, and complicated factual questions beyond CLB's limited rectification remit under s. 111, the HC ruled its inherent jurisdiction was not excluded, and the suit could proceed. On the challenge to the purported pre-death transfer of the deceased's shares contrary to an admitted will bequeathing them equally to both heirs, the HC found a prima facie need to protect the claimant's half share and granted ad-interim protection by directing deposit of a specified amount failing which restraint on alienation of listed properties; limitation was left for trial on evidence. Case-Laws Companies Law Tue, 30 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305481