Sterlite Industries (India) Ltd. vs Securities And Exchange Board Of India on 22 October, 2001
question goes to the root of the matter. The duty liability would devolve on gum and amylaceous substance. Further, the condition to be satisfied before
Company died on 24-9-1981. Upon her death, the impugned shares devolved on her legal heirs, namely, her four daughters and four sons ... shares by operation of law. On death of a shareholder, share devolved upon the legal heirs of the deceased shareholder. Later the Company recognises transmission
Drinks (P.) Ltd. was concerned the shares of late S. Daljeet Singh devolved on his two sons namely, Ajit and Satwant in the ratio
whether the membership card is property belonging to the assessee and devolved on his heirs on his death "or personal permission in favour
such forfeiture and he is no longer a shareholder and the liability devolves on the new acquirer. Only in cases, where the articles otherwise provide ... Gupta Bros, for the call as well as the interest accrued devolved on the petitioners and the other limb is that once a call
shares being part of the estate
of the deceased passed on and devolved upon his heirs and legal representatives, as
the shares of a deceased
society should the plot and/or building or any part
thereof devolve on a direct descendant or legal heir of the member
father was a guarantor for payment of Bank's claim which devolved on his heirs after his death. It is also alleged that
death, and which, if not so devised, bequeathed or disposed of would devolve by intestacy. He further relied on Smt. Rukmani Devi v. Narendra