TaxTMI 
TaxTMI 
2006 (3) TMI 732
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....ling the company petition under section 111A of the Companies Act, 1956 ('the Act') seeking directions against Mangalore Refinery and Software Services, now taken over by MCS Ltd. ('the Registrar and Transfer Agent') to rectify the register of members of the company, by substituting the name of petitioner, in respect of 1,000 shares of ₹ 10 each of the company covered under s....
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....it and that it has noted the stop transfer in its records, yet the applicant's grievance remains unresolved. The applicant has been waiting for suitable action from SEBI and the second respondent for all these years. The transfer of shares purchased by the applicant in favour of third parties according to him has been brought out by fraud and such transfer is null and void. In these circumstan....
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....e transfer in terms of his communications dated 2.11.1995. The second respondent in his communication dated 31.1.1996 categorically reported that one Jinendra Kumar Jain already forwarded the impugned shares to effect transfer in his favour and in view of the counter claim, it noted the stop transfer instruction in its records. This is as early as on 31.1.1996. SEBI, in response to the complaint m....