https://www.taxtmi.com/caselaws?id=96889 Company liability for unpaid share calls follows the register of members rather than beneficial ownership. Where shares are registered in a wife's name, even if she is a benamidar for her husband, the company must treat the registered holder as the member entitled to member rights and subject to member liabilities. Statutory rules barring notice of trusts on the register, together with the articles restricting rights and liabilities to registered members, confine recovery of calls to the named holder. The husband is not liable unless his name is entered in the register or circumstances bind the company through notice of equitable rights. en-us Fri, 19 Feb 1943 00:00:00 +0630 Wed, 11 Jan 2012 18:16:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96889 Company liability for unpaid share calls follows the register of members rather than beneficial ownership. Where shares are registered in a wife's name, even if she is a benamidar for her husband, the company must treat the registered holder as the member entitled to member rights and subject to member liabilities. Statutory rules barring notice of trusts on the register, together with the articles restricting rights and liabilities to registered members, confine recovery of calls to the named holder. The husband is not liable unless his name is entered in the register or circumstances bind the company through notice of equitable rights. Case-Laws Companies Law Fri, 19 Feb 1943 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=96889