9911796707
TMI Blog2015 (6) TMI 533X X X X Extracts X X X X X X X X Extracts X X X X ..... inal shares of the Respondent No. l of Rs. 10/- each and be further pleased to declare that the Appellant is entitled for 4350 shares of Rs. 2/- each of the Respondent No. l and 580 shares of Rs. 10/- each of the Respondent No. 2 along with other benefits declared and delivered by the Respondent No. l and 2. (b). to pass an order thereby directing the Respondent No. l to rectify its Register of Members by inserting the name of the Appellant as a holder of 4350 shares of Rs. 2/- each by deleting the names of the transferors. Respondent No. l be further directed to issue new share certificates in the name of the Appellant by cancelling the original share certificates allotted in the name/s of the Transferor/s and to pay all withheld dividend ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 shares of the Respondent No.l and provided them details of share certificates and requested for marking "stop transfer" in respect of those shares. 2.4 That, in between 1/02/1997 to 15/02/1997, the Insured submitted to the Respondent No.l a copy of the FIR registered by the police and requested for marking stop transfer against 1450 shares of the Respondent No. 1. The Respondent No.l acknowledged the Insured's letter and advised the Insured for obtaining an Injunction order from a Competent Court so they can mark stop transfer In their system. On 25/02/1997, the Respondent No,1 provided the name and address of the holders of 1450 shares to enable the insured to take necessary steps. The Insured intimated the Respondent No.l that the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iled reply for self and on behalf of Respondent No.2 has also filed a short reply. The Respondent Nos. 1 to 3 have stated therein that the Respondent No.l being neutral party having no vested interest in the subject matter of the Appeal have no objection of whatsoever nature, if the CLB pass a favourable order as prayed by the Appellant, the list of shares as on date being annexed to the Company Appeal. 4. I have heard the parties and perused the record. Having considered the submissions advanced on behalf of the Parties and in the facts and circumstances of the case, the Appeal is allowed in terms of prayer 6.1 to 6.3 made in the Company Appeal, subject to furnishing an Indemnity Bond by the Appellant to the satisfaction of Respondent No. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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