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Plea for rectification of register of members dismissed when petitioner failed to disclosed all facts: HC

April 9, 2019[2019] 105 104 (Calcutta)

CL: Where despite of fact that there was an agreement between petitioners and R1 company to not to make changes in shareholding of company, R1 passed resolutions to increase share capital and to issue bonus shares to respondent shareholders, since, application filed by petitioners restraining R1 to give effect to said resolution did not disclose that another application for rectification of register of members had already been filed before NCLT, same could not be allowed

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