https://www.taxtmi.com/caselaws?id=96654 An alleged allotment of shares was held not to be validly established where the liquidators failed to prove timely notice of allotment, the date of entry of the respondents' names in the register, or any reliable communication of the allotment. The delay in asserting the allotment, together with the demand for allotment money made immediately before liquidation, undermined the claim that the respondents had become shareholders. As the allotment was not proved in law, the respondents could not be placed on the list of contributories. en-us Wed, 27 Jun 1934 00:00:00 +0530 Tue, 10 Jan 2012 11:06:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96654 An alleged allotment of shares was held not to be validly established where the liquidators failed to prove timely notice of allotment, the date of entry of the respondents' names in the register, or any reliable communication of the allotment. The delay in asserting the allotment, together with the demand for allotment money made immediately before liquidation, undermined the claim that the respondents had become shareholders. As the allotment was not proved in law, the respondents could not be placed on the list of contributories. Case-Laws Companies Law Wed, 27 Jun 1934 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=96654