Supreme Court of India
Shailesh Prabhudas Mehta and Ors. v. Calico Dying and Printing Mills Ltd.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
For the aforesaid reasons, we are of the view that the High Court has rightly held that the right to refuse is not lost.
Judgment, page 11
From the headnote
Companies Act, 1956 : Section 111. Shares-Transmission and Registration-Power of Board of Directors of Company-Refusal to register shares-Notice of refusal of registration within 2 months from the date of lodging-Right to. refuse registration of shares-Whether lost on .the expiry of pe1iod of two months. Articles of Association-In the absence of specific power to refuse registration of shares-Board of Directors of Company-Whether can refuse registration. Amendment of Articles of Association confening power to refuse registration-Subsequent lodging of shares for transfe~Action of amending
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.