shares, were used for the purpose of ratification.
28. A glance at the share transfer forms confirms that they are not in compliance with section ... could whilst considering latter whether, in fact, thee is any valid ratification, all that need be noted at this stage is that if the sale
facts of the case, without which, as Section 198
provides, no valid ratification is possible. These provisions give rise to a
whole lot of questions ... have the full knowledge so as to make the ratification valid? These and
other pertinent questions either appear to have escaped the arbitrator
determined. And there can be no ratification by a person who at the time of ratification could not have done the act himself even though ... acting on behalf of Government, could, without precedent authority or subsequent ratification, validly lease the minor's property in perpetuity has not been shown
company ratifies it. It is urged that there is no valid ratification of the borrowing because the attention of the shareholders was never expressly drawn
validation is the same as the principle of ratification and the doctrine of validation can only apply where an. act has been performed ... what the Supreme Court of America held was that the ratification or validation was proper. In our opinion, the docrine of ratification has no application
ratification be made to have such effect. The Section makes clear that if the rights of the third parties are affected, the ratification cannot validate ... facts and complete background - which is a condition precedent for a valid ratification.
10. An affidavit has been filed before us now by the petitioner
Union Benefit Guarantee Co. Ltd. vs Thakorlal P. Thakor And Ors. on 21 January, 1935
validation is the same as the principle of ratification and the doctrine of validation can only apply where an act has been performed ... what the Supreme Court of America held was that the ratification or validation was proper. In our opinion, the doctrine of ratification has no application
Harakchand Misirimal Solanki ... vs The Collector on 24 October, 2008
Bench: S. B. Mhase , A
lead to a conclusion that in fact there was a valid and lawful ratification by the Board of Directors in relation to the said order ... ratification on the part of the Board of Directors. For valid ratification, three conditions must be satisfied. Firstly, the person whose act is sought
