https://www.taxtmi.com/highlights?id=102061 A memorandum contemplating future finalisation of consideration and a subsequent share transfer did not complete a transfer of the company's shareholding. In the absence of an executed share transfer deed, endorsed share certificates and statutory compliance, later retrospective filings could not displace contemporaneous records showing the existing shareholders. Similarly, book entries against an unsecured interest-free loan could not transfer the company's immovable property without a registered conveyance, particularly where the alleged transferee continued paying rent. Retrospective manipulation of corporate records, attempted usurpation of shareholding and removal of the sole asset prejudiced members and constituted continuing oppression and mismanagement. en-us Sat, 25 Jul 2026 08:54:57 +0530 Sat, 25 Jul 2026 08:54:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102061 A memorandum contemplating future finalisation of consideration and a subsequent share transfer did not complete a transfer of the company's shareholding. In the absence of an executed share transfer deed, endorsed share certificates and statutory compliance, later retrospective filings could not displace contemporaneous records showing the existing shareholders. Similarly, book entries against an unsecured interest-free loan could not transfer the company's immovable property without a registered conveyance, particularly where the alleged transferee continued paying rent. Retrospective manipulation of corporate records, attempted usurpation of shareholding and removal of the sole asset prejudiced members and constituted continuing oppression and mismanagement. Highlights Companies Law Sat, 25 Jul 2026 08:54:57 +0530 https://www.taxtmi.com/highlights?id=102061