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    <title>2025 (6) TMI 1188 - BOMBAY HIGH COURT</title>
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    <description>Share certificates bearing the Registrar&#039;s stamp were treated as prima facie evidence of share title, and alleged register discrepancies did not rebut that evidence without cogent proof. Pre-emption rights under the articles did not apply to a transfer completed before the claimant became a shareholder; the required approval threshold included the transferor. Relief for oppression required cumulative satisfaction of oppression and just-and-equitable winding-up grounds, and the CLB could not grant remedies outside that statutory framework. Equitable board-nomination relief failed because no oral arrangement or legal basis was established and delay defeated equity. Limitation did not bar the petition where alleged oppression was continuing and records were obtained later.</description>
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      <description>Share certificates bearing the Registrar&#039;s stamp were treated as prima facie evidence of share title, and alleged register discrepancies did not rebut that evidence without cogent proof. Pre-emption rights under the articles did not apply to a transfer completed before the claimant became a shareholder; the required approval threshold included the transferor. Relief for oppression required cumulative satisfaction of oppression and just-and-equitable winding-up grounds, and the CLB could not grant remedies outside that statutory framework. Equitable board-nomination relief failed because no oral arrangement or legal basis was established and delay defeated equity. Limitation did not bar the petition where alleged oppression was continuing and records were obtained later.</description>
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