Tag Archives: Companies Act 2013

Under the Indian Companies Act, 2013 (Act), there is no clear and explicit provision dealing with power of directors of a company to refuge to register transfer of shares with respect to both private and public company. However, such a power of discretion can be authorized to directors by the company through its Articles ofContinue reading “BEYOND PAPERWORK: WHEN DIRECTORS CAN REFUSE TO REGISTER TRANSFER OF SHARES”