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<h1>Appeal Dismissed for Waiving Share Condition</h1> <h3>Hargopal Versus People's Bank of Northern India Ltd.</h3> The court dismissed the appeal after finding that the appellant had waived the condition attached to the shares by accepting them without the condition of ... Winding up - Liability as contributories of present and post members The appellant applied for shares in a bank with a condition to be a director. He later accepted the shares without the condition. The court found that he waived the condition through his conduct and dismissed the appeal.