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TMI Blog2006 (8) TMI 673X X X X Extracts X X X X X X X X Extracts X X X X ..... wari for the Petitioner. Manoj Kumar Banthia for the Respondent. ORDER 1. In this petition filed under section 111A of the Companies Act, 1956, the petitioner has sought for a declaration that the petitioner is the legal and beneficial owner of 100 shares of ITC Ltd. ("respondent company") bearing distinctive Nos. 39764494 - 39764593, and bearing certificate No. 470128 and to direct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e specimen and the validity period of the transfer deed had expired. Thereafter, the petitioner repeatedly requested the 3rd respondent, being the transferor, to execute a fresh transfer deed to which request the 3rd respondent has not responded. Accordingly, the petitioner has filed this petition seeking for the relief already mentioned. 3. In the reply, the respondent company has submitted that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s, reportedly lost by the 3rd respondent, 900 shares had already been transferred and advised him to take proper legal action, if he so desired. As far as the shares impugned in the petition are concerned, since there was a mismatch of signature and also the validity period of transfer deed had expired, the respondent company declined to register the transfer. It is also stated that right from the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rom a competent court of law in case he has any objection to the registration in favour of the petitioner. In case the respondent company does not receive any response from the 3rd respondent within two months, the company shall register the shares in the name of the petitioner and shall pass on all the benefits like dividend, bonus shares etc. which have been withheld by the company. 5. The peti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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