https://www.taxtmi.com/caselaws?id=96599 The court concluded that the appellant's shares were validly forfeited, and his name should not be entered on the register of shareholders. The appeal was allowed with costs against the company. The judgment highlighted the significance of interpreting the Articles of Association and presumptions of proper authorization by the directors. en-us Wed, 28 Sep 1932 00:00:00 +0530 Mon, 09 Jan 2012 16:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96599 The court concluded that the appellant's shares were validly forfeited, and his name should not be entered on the register of shareholders. The appeal was allowed with costs against the company. The judgment highlighted the significance of interpreting the Articles of Association and presumptions of proper authorization by the directors. Case-Laws Companies Law Wed, 28 Sep 1932 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96599