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    <title>1939 (8) TMI 23 - HIGH COURT OF ALLAHABAD</title>
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    <description>Rectification of the register was ordered conditionally: the court held that instalments were not presently due where the memorandum and articles did not make them immediately payable and the demand rested on resolutions of an invalidly constituted managing board, so no debt enabling forfeiture existed; the applicants&#039; names must be entered provided each deposits the prescribed qualification sums into court by the date fixed. Separate declaratory relief seeking continuation as directors and voiding post January 26, 1936 actions was not entertained and is refused.</description>
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    <pubDate>Wed, 23 Aug 1939 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=96799</link>
      <description>Rectification of the register was ordered conditionally: the court held that instalments were not presently due where the memorandum and articles did not make them immediately payable and the demand rested on resolutions of an invalidly constituted managing board, so no debt enabling forfeiture existed; the applicants&#039; names must be entered provided each deposits the prescribed qualification sums into court by the date fixed. Separate declaratory relief seeking continuation as directors and voiding post January 26, 1936 actions was not entertained and is refused.</description>
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      <pubDate>Wed, 23 Aug 1939 00:00:00 +0530</pubDate>
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