Section XXIII

Remedy for improper entry, or omission of entry in Register.

The Joint-stock Companies Act, 1857

  • Act 19 of 1857
  • Ministry of Corporate Affairs
About this Act

An Act to make better provision for the order and good government of the Suburbs of Calcutta and of the station of Howrah.

All sections
    If the name of any person is without sufficient cause entered or omitted to be entered in the Register of shareholders of any Company, such person, or any shareholder of the Company, may, by petition to the principal Court of original Civil jurisdiction in the district or place in which the registered Office of the Company is situate; apply to such Court for an order that the Register may be rectified ; and the Court may either refuse such application, with or without costs to be paid by the applicant, or it may, if satisfied of the justice of the case, make an order for the rectification of the Register, and may direct the Company to pay all the costs of such motion or petition, and any damages the party aggrieved may have sustained; and if the Company makes default or is guilty of unnecessary delay in registering any transfer of shares, they shall be responsible to any person injured by such default or delay for the amount of damage be may thereby have sustained.
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