from a competent court. It is further submitted that the transfer deed is invalid because of the various deficiencies as pointed out in the petition ... Hence, the respondent-company should not have acted upon the said invalid transfer deed. The respondent-company in its further reply dated November
respondent's group as claimed by the petitioners is fraudulent. The deed of settlement with Rana group was never disclosed to the board ... alleged transfer is a nullity in law. Even otherwise, the transfer deeds are invalid because the dates of transfer deeds are 20.2.2003 and 28.9.2003 whereas
meeting. The petitioners reiterated that firstly upto 6 January 2005 transfer deeds and share certificates did not reach the company; secondly, on 6th January ... void ab initio. Therefore, the transfer deeds on which alleged transfers have been effected are invalid in the eyes of law (ii) Some
D. Srinivasan, Gautham S. Varad, Shruti ... vs H.S. Viswanath, Mohan Reddy And ... on 4
deeds ; and (d) execution of sale deeds by the third respondent in favour of respondents Nos. 11 to 47, must be declared as invalid ... which case, if any agreement of sale is found invalid, then sale must also be invalid. At the board meeting held on January
such instruments of transfer do not become invalid. By virtue of the deed of pledge, the respondents 2 to 4 have unequivocally agreed for disposal
Shri O.P. Jalan to execute, on behalf of the company, transfer deeds in respect of all the impugned shares which conclusively proves that ... appellants but also on the ground that the transfer deeds had become invalid in terms of Section 108(1A) of the Act as being beyond
directors is bad and invalid and that the decision taken at such board meeting is invalid; (c)
Parmeshwari Prasad Gupta (deed., through legal representatives
relodged, the refusal came on the ground that these transfer deeds had become invalid.
5. When the reference was taken up for hearing today, neither
petitioner clearly shows that the petitioner was aware of the transfer deed executed by the deceased ASC and the subsequent developments in regard ... petitioner. The revalidation of the transfer deed 10 years after the death of the transferor is invalid and liable to be set aside