Supreme Court of India · 2015-09-23
JAI MAHAL HOTELS PVT. LTD. vs RAJKUMAR DEVRAJ .
- Citation / case number
- SC 2013/1439
- Court
- Supreme Court of India
- Petitioner
- JAI MAHAL HOTELS PVT. LTD.
- Respondent
- RAJKUMAR DEVRAJ .
- Author
- ADARSH KUMAR GOEL ANIL R. DAVE
- Bench
- ADARSH KUMAR GOEL ANIL R. DAVE
Judgment text excerpt
The Supreme Court examined the scope of power under Section 111 of the Companies Act, 1956, regarding the rectification of a company's share register. The Court held that the High Court's order directing rectification at the instance of the DR Group was valid, as they were entitled to shares based on a succession certificate and transfer deed executed by their grandmother. The Court emphasized the importance of adhering to the legal documents presented, thereby upholding the rights of the DR Group over the shares in question.