https://www.taxtmi.com/caselaws?id=96591 Unpaid share capital becomes enforceable only after a valid call is made and notified in accordance with the articles of association and governing company law. A directors' resolution alone does not constitute a valid call; service of notice pursuant to that resolution is necessary. Where no notice of call was served, the purchaser of the company's rights could not recover the unpaid balance, and the claim failed for want of cause of action. The objection that the suits fell within the jurisdiction of a Small Causes Court was rejected because the statutory provisions governing contributories and appellate forums treated them differently from ordinary small-cause matters. The appeals therefore failed on the merits. en-us Tue, 02 Feb 1932 00:00:00 +0530 Mon, 09 Jan 2012 16:06:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96591 Unpaid share capital becomes enforceable only after a valid call is made and notified in accordance with the articles of association and governing company law. A directors' resolution alone does not constitute a valid call; service of notice pursuant to that resolution is necessary. Where no notice of call was served, the purchaser of the company's rights could not recover the unpaid balance, and the claim failed for want of cause of action. The objection that the suits fell within the jurisdiction of a Small Causes Court was rejected because the statutory provisions governing contributories and appellate forums treated them differently from ordinary small-cause matters. The appeals therefore failed on the merits. Case-Laws Companies Law Tue, 02 Feb 1932 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96591