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Petitioner cannot exercise his right as shareholder if never initiates to register his shares in Register of members

Case Law Details

Case Name
In re Tony Electronics Ltd., (Delhi High Court)
Date of Judgement/Order
Only available for paid members
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HIGH COURT OF DELHI Tony Electronics Ltd., In re CO. PETITION NO. 167 OF 1999 CO. APPLICATION NOS. 730 OF 2002, 167 OF 2003 AND 1861 OF 2012 DECEMBER 17, 2012 ORDER 1. By way of this application the applicant Gopal Kishan seeks a recall of the order dated 20.09.1999; i.e. setting aside of the scheme which had been sanctioned by this Court on 20.09.1999. This application has been filed on 22.07.2002. 2. Submission in the application being to the effect that this merger had been effected mala fide behind the back of the applicant; he was a shareholder of M/s Tony Electronics Ltd. (hereinafter re...
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