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Bombay High Court Quashes NSE Stop Transfer Order and Directs Issuance of Duplicate Share Certificates — NSE Cannot Invoke Section 108 of Companies Act, 1956 to Freeze Shares of a Non-Defaulting Shareholder.

The petitioner, Aloysius D'Souza, acquired shares of Dr. Reddy's Laboratories Ltd. between 1986 and 1997. In 2007, he applied for duplicate share cert...

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Supreme Court Upholds Land Ownership of Legal Heirs Against Government's Invalid Lease in Land Revenue Dispute. Ownership Rights Established Through Unchallenged Revenue Order Under M.P. Land Revenue Code, 1959, Section 158(3)(1), Barring Government's Subsequent Lease to Development Authority.

The dispute centered on ownership of agricultural land in village Milawali, Gwalior, between the legal heirs of Dilip Singh (appellants) and the Speci...

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Bombay High Court Dismisses Appeal by Daughter Claiming Prior Partition, Upholds Sale Deed Executed by Widow in Favour of Other Daughter. Widow's Absolute Ownership Under Section 14(1) of Hindu Succession Act, 1956 Validly Transferred Title to Purchaser Daughter.

The dispute concerns agricultural land and a house originally owned by Eknath, who died in 1953 leaving behind his widow Salubai and two daughters, Ch...

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High Court Allows Appeal by Appellant Against Respondent in Money Claim Suit, Reverses Trial Court's Dismissal on Ownership Grounds Under Major Port Trusts Act, 1963

Appellant, a U.K.-based company, appealed against the Bombay City Civil Court's order dismissing its suit for money claim regarding goods sold by auct...

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Bombay High Court Dismisses Appeal Seeking Confirmation of Share Transfer in Wound-Up Company Due to Inordinate Delay and Lack of Evidence. Section 536(2) of Companies Act, 1956 requires timely application and proof of bona fide transfer before winding up order.

The appellant, Rathnam P.V., filed an appeal against the order of the Company Judge dismissing his application under Section 536(2) of the Companies A...