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Refusal to register transfer of share was justified as it was transferred to an outsider with an intent to harm co.

December 26, 2018[2018] 100 taxmann.com 343 (NCL-AT)
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CL: Where shareholder of company had transferred its shares in company to an outsider with an intention to cause prejudice to interests of company, refusal by company to register said transfer of shares was justified

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