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2014 (7) TMI 100 - Board - Companies LawRectification of register of shareholders - atonement of shares in lieu of payment against sale proceeds of land - Held that:- Petitioner company under the guise of rectification is seeking to enforce a specific performance and in the circumstances detailed aforesaid invoking the jurisdiction of this Bench under sections 111(4) and 111A of the Companies Act, 1956 is completely misplaced and in my view an abuse of process of Law. The petition is considered an exercise in futility and liable to be dismissed - Decided against Petitioner.
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