Supreme Court · 2018 INSC 571 · Decided 3 July 2018

Adesh Kaur v. Eicher Motors Limited and ORS.

Court
Supreme Court of India
Citation
2018 INSC 571 · [2018] 5 S.C.R. 200
Case number
CIVIL APPEAL No. 19426/2017
Decided
3 July 2018
Bench
R.F. NARIMAN, INDU MALHOTRA (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
Companies Act Section 59

Headnote

Companies Act, 2013 - s.59 - Rectification of register of members - On facts, respondent no. 2 issued duplicate shares without following proper procedure, in favour of impersonator, who in turn transferred the said shares to respondent no. 8 - Subsequently, appellant came fraud and sought issuance of revalidated fresh share certificate for the said equity shares - However, the same was not done - Company petition by appellant - NCLT held that the Company was liable for the acts of their Register cum Share Transfer agents, and as such there was

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