NCLT has jurisdiction over equity share transfer disputes, including those involving State Bank of India under SBI Act.

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Full Text of the Document

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....NCLT jurisdiction - disputes pertaining to transfer of equity shares - It is contended that, State Bank of India is not a Company registered under the provisions of Companies Act and it is a body corporate constituted and incorporated under SBI Act, 1955 which was enacted before the enactment of Companies Act, 1956 therefore, NCLT would have no jurisdiction - The contention rejected.....