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    <title>2026 (2) TMI 613 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH, NEW DELHI</title>
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    <description>Rectification of the register of members was sustained where duplicate share certificates were issued and transfers occurred without prescribed procedure or due diligence; the legal basis relied on statutory provisions governing certificates and transfers and precedent permitting tribunal relief in clear frauds, and the effect is restoration of shares to the registered shareholder or payment of market-value damages and costs. The tribunal found failures in indemnity formats, notice and communication, address records, and inconsistent loss claims, and rejected limitation, exclusive civil jurisdiction and non-joinder objections, allowing tribunal adjudication and consequential relief in favour of the registered shareholder.</description>
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      <description>Rectification of the register of members was sustained where duplicate share certificates were issued and transfers occurred without prescribed procedure or due diligence; the legal basis relied on statutory provisions governing certificates and transfers and precedent permitting tribunal relief in clear frauds, and the effect is restoration of shares to the registered shareholder or payment of market-value damages and costs. The tribunal found failures in indemnity formats, notice and communication, address records, and inconsistent loss claims, and rejected limitation, exclusive civil jurisdiction and non-joinder objections, allowing tribunal adjudication and consequential relief in favour of the registered shareholder.</description>
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