https://www.taxtmi.com/caselaws?id=96915 A company could not register shares in the name of a partnership firm because the Companies Act contemplated registration of members as persons, and a firm is only a collective name for its partners, not a separate legal person. The general definition of "person" in the General Clauses Act could not be applied where it conflicted with the subject and context of the Companies Act, so a transfer in favour of a firm name was not maintainable. Article 42 of the articles of association did not bar the court's jurisdiction under section 38, but that did not cure the defect in the transferee's status. en-us Mon, 04 Sep 1944 00:00:00 +0630 Fri, 13 Jan 2012 11:14:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=96915 A company could not register shares in the name of a partnership firm because the Companies Act contemplated registration of members as persons, and a firm is only a collective name for its partners, not a separate legal person. The general definition of "person" in the General Clauses Act could not be applied where it conflicted with the subject and context of the Companies Act, so a transfer in favour of a firm name was not maintainable. Article 42 of the articles of association did not bar the court's jurisdiction under section 38, but that did not cure the defect in the transferee's status. Case-Laws Companies Law Mon, 04 Sep 1944 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=96915