1995 (4) TMI 219

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the Appellant. Virag Tulzapurkar and Nihar Modi for the Respondent. ORDER 1. This application is by the Custodian that this Court fix a last date by which Applications for certification of shares can be accepted by the respondents. 2. A few facts need to be stated. After the Court was established, the respondents filed Miscellaneous Petition Nos. 1 of 1992,2 of 1992 and 3 of 1992 praying for ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... Custodian is satisfied then he can send that party to the concerned stock exchange for certification. This is not acceptable to Court. Limitation period is fast approaching. By the time a person approaches the Custodian, gets his approval and then goes for certification, his claim to the shares may be time-barred. This is obviated if the party directly comes to Court. The Court can then send for ....