Despite family settlement, transfer of share must be in accordance with law

Company Law Board, Mumbai Bench

Perennial Trading (P.) Ltd.

V/s.

Pankaj Extrusions Ltd.

CP NO. 11 OF 2009

OCTOBER 27, 2011

ORDER

1. The present petition is filed under section 11(4)(a)(ii) of the Companies Act, 1956 (‘the Act’

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