Dalal Street traders were among those hit by Microsoft‘s major service outage on Friday as technical glitches were reported at many brokerages. Brokerage firms 5paisa and IIFL Securities have told clients that their systems are affected as a result of the Microsoft issue. Parth Nyati, Founder, Tradingo, said: “An Anti-virus Crowdstrike faced a technical glitch after an update that affected …
On 06.07.2020 Supreme Court in the case of Arun Oswal Vs. Pankaj Oswal & Ors, held that the dispute as to the inheritance of shares cannot be decided in a proceeding under Section 241-242 of the Companies Act, 2013. Prima facie shares vest in a nominee, and he becomes absolute owner of the securities on the strength of nomination…" However, …
