Supreme Court of India
Mackintosh Burn Limited v. Sarkar and Chowdhury Enterprises Private Limited
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
1 Supreme Court bench has cited this judgment.
From the headnote
Companies Act, 2013: s. 58 – Refusal of registration and appeal against refusal – Held: Under s. 58(2), the securities or interest of any member in a public company are freely transferable – However, u/s.58(4), it is open to the public company to refuse registration of the transfer of the securities for a sufficient cause – To that extent, s. 58 (4) has to be read as a limited restriction on the free transfer permitted u/s. 58(2) – Right to refuse registration of transfer on sufficient cause is a question of law and whether the cause shown for refusal is sufficient or not in a given case, can…
Where later benches applied it
Of those, 1 referred to
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