1. This is a petition filed under Section 111A of the Companies Act, 1956 ("the Act"), seeking directions to the first respondent Company to declare that the petitioner is entitled to have his name inserted in the Register of Members of the first respondent Company i.e. M/s Mangalore Refinery and Petrochemicals Limited ("MRPL") in respect of 4500 original shares bearing distinctive nos. from 263395201 to 263399700 and further declaration that the petitioner is entitled for all accrued dividend and other benefits like Rights, Bonus etc.

2. Shri Kamal Agarwal, learned Chartered Accountant appearing on behalf of the petitioner submits that the present petition is being filed as a last recourse, since the petitioner made all efforts to redress their grievance but in vain.

3. The factual matrix of the case is that the petitioner is a share and stock broker and member of Uttar Pradesh Stock Exchange and having office at Jaipur and he is executing transactions for sale and purchase of shares for and on behalf of its various clients and their own. It is submitted that the petitioner in the course of his business, had purchased 4500 shares of the first respondent Company on 24.04.1992