https://www.taxtmi.com/caselaws?id=764891 A deceased shareholder's estate may be represented by persons authorised under subsisting consent terms, and pending civil or testamentary proceedings do not, without a stay or contrary adjudication, bar a petition to protect the estate's company-law rights. The Tribunal noted that the earlier consent terms remained operative on the material before it, and no order in the succession proceedings displaced that arrangement. It also accepted that legal representatives may act where the estate's interest is affected. On the facts, the reduction in the deceased shareholder's holding after death justified representation of the estate in the company petition, and the objection to locus standi was rejected. en-us Fri, 13 Dec 2024 00:00:00 +0530 Tue, 21 Jan 2025 09:16:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764891 A deceased shareholder's estate may be represented by persons authorised under subsisting consent terms, and pending civil or testamentary proceedings do not, without a stay or contrary adjudication, bar a petition to protect the estate's company-law rights. The Tribunal noted that the earlier consent terms remained operative on the material before it, and no order in the succession proceedings displaced that arrangement. It also accepted that legal representatives may act where the estate's interest is affected. On the facts, the reduction in the deceased shareholder's holding after death justified representation of the estate in the company petition, and the objection to locus standi was rejected. Case-Laws Companies Law Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764891