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NSDL have no jurisdiction to adjudicate claim of title in respect of demated shares
Case Law Details
- Case Name
- National Securities Depository Ltd. Vs Kamlesh Shah (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
HIGH COURT OF BOMBAY
National Securities Depository Ltd.
Versus
Kamlesh Shah
Co. Petition No. 110/111A/CLB/MB of 2009
Co. Appeal No. 33 of 2011
October 31, 2012
JUDGMENT
1. Heard finally.
2. This is an Appeal under Section 10F of the Companies Act, 1956.
3. The Appellant/Original Respondent No.10 has only challenged the impugned order dated 23rd November, 2010 passed by the Member of the Company Law Board, Bench at Bombay (for short “The Board”). The Appellant/Original Respondent No.10 is aggrieved by the following directions :-
” …However, in respect of demated shares ...
