Supreme Court of India
Jai Mahal Hotels Pvt. Ltd. v. Raj Kumar Devraj & Ors.
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2 Supreme Court benches have cited this judgment.
What the Court ordered
Conclusions as follows: (i) LMJS executed will in favour of his mother- GD which is not in dispute; (ii) GD and DR jointly obtained succession certificate; F (iii) GD signed the transfer deeds and communicated the same to the Board of Directors; and (iv) The civil court vide order dated 281h July, 1991 declined to grant temporary injunction finding no prima G facie case against the succession certificate.
Judgment, page 16
From the headnote
Companies Act, 1956 - s. 111 - Power under, to direct rectification in the share register of a Company- Scope of- c Late Maharaja bequeathed his shares in the estate in favour of his mother-rajmata - Issuance of succession certificate in favour of mother and her grand children-DR group by District Judge - After the death of mother, grandchildren sought transmission and transfer of shares in their names on basis of succession certificate, however, the same was challenged by the step grand children- Company Law Board (CLB) held that such disputed and complicated questions of law and facts
Authorities it was built on
- 2010 Manohar Lal (d) by Lrs. v. Ugrasen (d) by Lrs. & Ors.
- 1993 Chiranjilal Shrilal Goenka(deceased) through Lr v. Jagjit Singh and Ors.
- 2006 Standard Chartered Bank v. Andhra Bank Financial Services Ltd. & Ors
- 1998 Ammonia Supplies Corporation (p) Ltd. v. Modern Plastic Containers Pvt. Ltd. and Ors.
- 1970 Bajaj Auto Ltd. v. N. K. Firodia & Anr. Etc.
- 1967 Mulraj v. Murti Raghonathji Maharaj
Where later benches applied it
- 2024 Chalasani Udaya Shankar and Others v. M/s. Lexus Technologies Pvt. Ltd. and Others
- 2023 Ifb Agro Industries Limited v. Sicgil India Limited and Others
Of those, 1 relied on · 1 referred to
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