https://www.taxtmi.com/caselaws?id=766820 The HC dismissed a writ petition challenging illegal share transfer, finding it barred by delay, laches, and constructive res judicata. The court held petitioners suppressed material facts and abused the legal process through forum-shopping and repeated litigation of the same issues. The petition was deemed an afterthought based on RTI applications to create fresh cause of action. Applying the Henderson principle, the court found successive petitions on identical matters impermissible. The Companies Act being a self-contained code with specific jurisdiction bars also supported dismissal. Petitioners approached court with unclean hands, warranting rejection at threshold. en-us Tue, 25 Feb 2025 00:00:00 +0530 Wed, 05 Mar 2025 07:49:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766820 The HC dismissed a writ petition challenging illegal share transfer, finding it barred by delay, laches, and constructive res judicata. The court held petitioners suppressed material facts and abused the legal process through forum-shopping and repeated litigation of the same issues. The petition was deemed an afterthought based on RTI applications to create fresh cause of action. Applying the Henderson principle, the court found successive petitions on identical matters impermissible. The Companies Act being a self-contained code with specific jurisdiction bars also supported dismissal. Petitioners approached court with unclean hands, warranting rejection at threshold. Case-Laws Companies Law Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766820