1995 (4) TMI 219 - DSC - Companies Law

Summary

The Custodian requested the Court to set a deadline for accepting share certification applications. The Court agreed, stating that the certification process cannot continue indefinitely. The Court rejected the suggestion to allow small investors to apply to the Custodian instead of the Court. The Court ordered that the certification process be stopped three months after a Public Notice is issued. The application was granted, and the process of accepting certification forms was to stop on August 1, 1995.