Rectification of register on transfer.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....is Act.      (2) Subject to the provisions of this section, the shares or debentures and any interest therein of a company shall be freely transferable: ^[2][Provided that if a company without sufficient cause refuses to register transfer of shares within two months from the date on which the instrument of transfer or the intimation of transfer, as the case may be, is del....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....mission was delivered to the company, as the case may be, after such inquiry as it thinks fit, direct any depository or company to rectify its register or records.].      (4) The ^[4][Tribunal] while acting under sub-section (3), may at its discretion make such interim order as to suspend the voting rights before making or completing such enquiry.     ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... under this section as they apply to the proceedings under that section.]       --------------------------------- Notes:- [1] Inserted by the Depositories Act, 1996, w.r.e.f. 20-9-1995. [2] Inserted by the Depositories Related Laws (Amendment) Act, 1997 (8 of 1997), w.e.f. 15-1-1997. [3] Substituted by the Depositories Related Laws (Amendment) Act, 1997 (8 of....