Supreme Court of India · 2008-06-05
MAGHENDRA PAL TYAGI vs JAYANT DAVAR .
- Citation / case number
- SC 2004/21272
- Court
- Supreme Court of India
- Petitioner
- MAGHENDRA PAL TYAGI
- Respondent
- JAYANT DAVAR .
- Author
- Lokeshwar Singh Panta
Judgment text excerpt
The Supreme Court addressed appeals against orders from the Special Court under The Special Courts (Trial of Offences Relating to Transactions in Securities) Act, 1992, concerning the issuance of duplicate share certificates for lost shares. The Court held that the appellant's request for duplicate shares was valid as no objections were raised during the notice period, and the subsequent transfer of shares was legitimate. The Court emphasized the importance of following due process in share transfers and upheld the validity of the duplicate certificates issued to the appellant.