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Co. allowed to make entry in members' register as transfer deed couldn't be lodged due to internal dispute

July 4, 2019[2019] 106 27 (NCL-AT)

CL: Where in 1998 shares of erstwhile promoters of R1 family company were transferred to respondents but transfer could not be executed and lodged with company for 12 years due to internal dispute, impugned order passed by NCLT to follow procedure for making entry in register of member was justified

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