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2009 (10) TMI 532 - HIGH COURT OF KARNATAKARectification in the register of members of the company - Held that:- There is a great distinction between the first appellant being a member of the company and having locus to maintain a petition for rectification within the scope of section 111 of the Act and the first appellant being entitled to challenge the legality of the claim for ownership put forth, by the second and the fourth respondent, on the basis of the transfer forms sent by the erstwhile owner/member and that question could become an issue only at the instance of the legal heir of the deceased person and not at the instance of a person like the first appellant herein, who is an outsider to the question. Thus the petition filed by the first appellant herein along with other appellants did not merit examination before the Company Law Board within the scope of a petition under section 111 of the Act and the Company Law Board has rightly dismissed such a petition.
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