Supreme Court of India
Adesh Kaur v. Eicher Motors Limited and Ors.
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.
1 Supreme Court bench has cited this judgment.
What the Court ordered
We are of the view that the Tribunal was absolutely correct in not relegating the appellant to any further proceedings inasmuch this is an open and shut case of fraud in which the appellant has been the victim, and Respondent No. 2 the perpetrator.
Judgment, page 5
From the headnote
Companies Act, 2013 – s.59 – Rectification of regis ter of members – On facts, respondent no. 2 issued duplicate shares without following proper procedure, in favour of impersonator, who i n turn transferred the said shares to respondent no. 8 – S ubsequently, appellant came to know about the fraud and sought i ssuance of revalidated fresh share certificate for the said eq uity shares – However, the same was not done – Company petition by appellant – NCLT held that the Company was liable for the acts of the ir Register cum Share Transfer agents, and as such there was no reason for appellant
Where later benches applied it
Of those, 1 relied on
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