https://www.taxtmi.com/caselaws?id=97030 The court found the notice for share forfeiture invalid due to non-compliance with the company's Articles of Association, leading to the appellant's shares being improperly forfeited. The court emphasized the shareholder's rights and directed the case back to the trial court for a new decision. The appellant was granted the opportunity to amend the claim to seek damages as per the Articles of Association, stressing the importance of procedural fairness in ownership disputes. en-us Sat, 16 Apr 1949 00:00:00 +0530 Fri, 13 Jan 2012 17:09:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97030 The court found the notice for share forfeiture invalid due to non-compliance with the company's Articles of Association, leading to the appellant's shares being improperly forfeited. The court emphasized the shareholder's rights and directed the case back to the trial court for a new decision. The appellant was granted the opportunity to amend the claim to seek damages as per the Articles of Association, stressing the importance of procedural fairness in ownership disputes. Case-Laws Companies Law Sat, 16 Apr 1949 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97030