Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2018 (3) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (3) TMI 1714 - Tri - Companies LawOwnership and shareholding of the company - Appointment of an inspector or such other person to investigate into the ownership of the company and the shareholding in the company - Held that:- The respondents Nos. 4 to 29 have never contributed to the capital of the first respondent-company. They have allotted shares of the first respondent-company to themselves and became the directors by excluding the actual shareholders by forging the documents on the letter head papers of the first respondent-company, which were given as blank for keeping with respondents Nos. 4 and 5, as security for dues owed by the first respondent-company to them. The respondents have also violated the order dated February 19, 2008 passed by the then Company Law Board by which the status quo regarding the shareholding pattern was ordered to be maintained till further orders. The shareholding pattern with regard to the first respondent-company as on September 25, 1997 is restored along with the issued, sub scribed and paid-up capital of ₹ 6,10,000 consisting of 6,100 equity shares of ₹ 100 each. Accordingly, the register of members of the first respondent-company shall stand rectified by entering the names of the petitioners and removing the names of respondents Nos. 4 to 29. Petition disposed off.
|