A sick industrial company refused to register a transfer deed for registration of transfer of shares from A to B. B filed a petition before the Company Law Board under section 111A of the Companies Act, 1956. Has the Company Law Board jurisdiction to entertain the petition?
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Company Law Board jurisdiction to entertain the petition
Replies (2)
Dear Sir,
Am of the view that the Company Law Board has jurisdiction to entertain the petition under section 111A of the Companies Act 1956. Attached a file to support my statement. Kindly correct me if am wrong sir.
Regards
Nithya
Dear Sir
If company having 2 director. In that one of them died and another Director want to appoint new directors and he want to hand over all business activity to new directors or else he want to resign or retire.
My Question is 1) what is the minimum time bound to hand over.
2) what is the procedure to appoint 2 director and what type of resolution should be pass.
Please Answer my question.
Thank you.
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