https://www.taxtmi.com/caselaws?id=459376 A prior adjudication on the validity of a pledge of shares and the transferee's right to have the transfer registered had attained finality after the appeal was withdrawn and review was rejected. The BIFR's consent under Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 was treated as merely enabling implementation of that concluded CLB order, not as a fresh determination of entitlement. The challenge to the BIFR's jurisdiction therefore failed, and the writ petition could not be used to reopen the CLB's final findings on pledge, enforcement, and registration of transfer. en-us Tue, 04 Sep 2012 00:00:00 +0530 Wed, 11 Dec 2024 16:04:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459376 A prior adjudication on the validity of a pledge of shares and the transferee's right to have the transfer registered had attained finality after the appeal was withdrawn and review was rejected. The BIFR's consent under Section 22(1) of the Sick Industrial Companies (Special Provisions) Act, 1985 was treated as merely enabling implementation of that concluded CLB order, not as a fresh determination of entitlement. The challenge to the BIFR's jurisdiction therefore failed, and the writ petition could not be used to reopen the CLB's final findings on pledge, enforcement, and registration of transfer. Case-Laws Companies Law Tue, 04 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459376