https://www.taxtmi.com/caselaws?id=96591 Unpaid share capital is enforceable only when a valid call is made and notified in the manner required by the articles of association and the governing statute; a directors' resolution alone does not create an enforceable liability. Because no valid notice of call had been served, the claim for the balance on the shares failed for want of cause of action. A further objection that the appeals were incompetent because the suits were cognizable by a Court of Small Causes was rejected under the relevant Companies Act provisions, which governed the contributory dispute and appellate forum. The lower appellate decrees were left undisturbed. 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 is enforceable only when a valid call is made and notified in the manner required by the articles of association and the governing statute; a directors' resolution alone does not create an enforceable liability. Because no valid notice of call had been served, the claim for the balance on the shares failed for want of cause of action. A further objection that the appeals were incompetent because the suits were cognizable by a Court of Small Causes was rejected under the relevant Companies Act provisions, which governed the contributory dispute and appellate forum. The lower appellate decrees were left undisturbed. Case-Laws Companies Law Tue, 02 Feb 1932 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96591