https://www.taxtmi.com/caselaws?id=96534 The court ruled in favor of the plaintiff in a case involving the recovery of dividends on shares with interest. The defendant company, after purchasing the shares, attempted to appropriate the dividends against the terms agreed upon with the plaintiff. The court emphasized the fiduciary duty of the managing director and the importance of good faith in such transactions. It held that oral evidence can be used to establish additional contract terms not covered in the written document. The judgment reinforced the significance of upholding contractual terms and legal principles in share sales, dismissing the appeal and awarding costs to the plaintiff. en-us Fri, 11 Apr 1930 00:00:00 +0530 Mon, 09 Jan 2012 10:49:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96534 The court ruled in favor of the plaintiff in a case involving the recovery of dividends on shares with interest. The defendant company, after purchasing the shares, attempted to appropriate the dividends against the terms agreed upon with the plaintiff. The court emphasized the fiduciary duty of the managing director and the importance of good faith in such transactions. It held that oral evidence can be used to establish additional contract terms not covered in the written document. The judgment reinforced the significance of upholding contractual terms and legal principles in share sales, dismissing the appeal and awarding costs to the plaintiff. Case-Laws Companies Law Fri, 11 Apr 1930 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96534