Judgment

K. JAYACHANDRA REDDY, J.- Special leave granted.

2. This appeal arises out of Company Petition No. 39 of 1985 which was dismissed by a learned Single Judge of the Bombay High Court by his order dated February 27, 1987 and an appeal filed against the said order was also dismissed by a Division Bench. The order of the Division Bench is impugned in this appeal.

3. The appellants are the son, widow and married daughter of one late Shri Prabhudas V. Mehta who was holding 100 equity shares of the respondent - Calico Dyeing & Printing Mills Ltd. (Company for short) of the face value of Rs 100 each. Shri Prabhudas V. Mehta died on August 26,1974 without leaving any will. The appellants are the only legal heirs and representatives of Shri Prabhudas Mehta and they filed a company petition for rectification of the register of members of the Company by deleting the name of Shri Prabhudas V. Mehta and substituting in its place the names of the appellants in respect of those 100 shares in the Company bearing Distinctive Nos. 9101 to 9200. Prior to his death the deceased Shri Prabhudas V. Mehta was holding these shares and was working as an employee of the Company. It appears that there we