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Companies Law - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

NCLT jurisdiction - disputes pertaining to transfer of equity ...

Companies Law

February 20, 2019

NCLT jurisdiction - disputes pertaining to transfer of equity shares - It is contended that, State Bank of India is not a Company registered under the provisions of Companies Act and it is a body corporate constituted and incorporated under SBI Act, 1955 which was enacted before the enactment of Companies Act, 1956 therefore, NCLT would have no jurisdiction - The contention rejected.

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