1. This company petition is filed under section 111A read with sections 84 and 113 of the Companies Act, 1956 ("the Act") by M/s. Infosys Tech- nologies Limited ("the Company") and M/s. Karvy Consultants Private Limited ("Share Transfer Agent"), praying (a) to direct the respondent to furnish an indemnity bond and declaratory affidavit in respect of 1600 shares of Rs. 5 each with distinctive Nos. 970943 to 971342 and 266603151 to 266604350; and (b) to rectify the register of members of the Company in respect of the shares covered under folio No. ITL 008977, for the reasons set out therein.

2. The facts, in brief, leading to the present company petition are that the respondent held 400 shares of Rs. 10 each in the Company during the year 1994, out of which 100 shares came to be sold by him. The Company allotted 300 shares of Rs. 10 each by way of bonus shares and despatched on 15-10-1997 the share certificates bearing certificate Nos. 72201-72203 to the respondent, which were neither received by the respondent nor got back by the petitioners. Thereafter, the Company had received on 30-10-1998 from one Sushila Hiralal Kothari the share certificate No. 72201 together with the tran