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    <title>2025 (12) TMI 1481 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL AT CHENNAI</title>
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    <description>Section 59 of the Companies Act, 2013 is confined to rectification of the register of members for wrongful entry, omission, or delay, and it cannot be used to compel issuance or validation of a share certificate. Because the applicant had not established a validly issued certificate or any proper foundation for a rectification claim, and the alleged certificate was defective and unsupported by the material required under company law, the dispute was treated as one over the issuance and validity of shares rather than register rectification. Rule 70 of the NCLT Rules, 2016 could not enlarge that substantive jurisdiction. The application was therefore held not maintainable.</description>
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      <description>Section 59 of the Companies Act, 2013 is confined to rectification of the register of members for wrongful entry, omission, or delay, and it cannot be used to compel issuance or validation of a share certificate. Because the applicant had not established a validly issued certificate or any proper foundation for a rectification claim, and the alleged certificate was defective and unsupported by the material required under company law, the dispute was treated as one over the issuance and validity of shares rather than register rectification. Rule 70 of the NCLT Rules, 2016 could not enlarge that substantive jurisdiction. The application was therefore held not maintainable.</description>
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