https://www.taxtmi.com/caselaws?id=436424 A claim for rectification of the register and oppression and mismanagement relief must be brought within limitation and supported by proof of valid share transfer and membership. The tribunal found the petition time-barred under the three-year period applied to the claim, because it was filed more than three years after the alleged transfer. It also found no able compliance with the Companies Act, 2013 or the articles for transfer and registration of shares, no satisfactory link between the remittances and a genuine share purchase, and no entry of the applicants' names in the register of members. On that basis, locus standi was not established and the challenge failed. en-us Mon, 10 Apr 2023 00:00:00 +0530 Thu, 13 Apr 2023 07:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436424 A claim for rectification of the register and oppression and mismanagement relief must be brought within limitation and supported by proof of valid share transfer and membership. The tribunal found the petition time-barred under the three-year period applied to the claim, because it was filed more than three years after the alleged transfer. It also found no able compliance with the Companies Act, 2013 or the articles for transfer and registration of shares, no satisfactory link between the remittances and a genuine share purchase, and no entry of the applicants' names in the register of members. On that basis, locus standi was not established and the challenge failed. Case-Laws Companies Law Mon, 10 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436424