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devan (sole proprietorship)     21 May 2010

Share transfer form

Can a share transfer form which was tampered 18yrs back be questioned?

The form was in the custody of the Karta in good faith as he was a joint gaurdian in a HUF family. The karta misused the trust given to him by all his family members who were under him and a part of HUF.

devan19@gmail.com



Learning

 1 Replies

DEFENSE ADVOCATE.-firmaction@g (POWER OF DEFENSE IS IMMENSE )     22 May 2010

No , normally the Karta under HUF has absolute powers as per his best judgment.

Morever raising the issue after long lapse of time can not have force . On the other hand it shows guilty mind .


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