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    <title>1953 (2) TMI 19 - HIGH COURT OF BOMBAY</title>
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    <description>Joint shareholders are separately recognised as members under section 30(2) when each person agrees to membership and is entered in the register. Joint application and allotment do not make them a single member. The statutory treatment of joint holders as one member for the limited private-company definition, and provisions requiring individual member particulars, support that position. Where the articles expressly extend the company&#039;s lien to shares registered in a member&#039;s name solely or jointly, the company may enforce its contractual lien over jointly held shares to recover the debt of one joint holder.</description>
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    <pubDate>Tue, 17 Feb 1953 00:00:00 +0530</pubDate>
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      <title>1953 (2) TMI 19 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=97213</link>
      <description>Joint shareholders are separately recognised as members under section 30(2) when each person agrees to membership and is entered in the register. Joint application and allotment do not make them a single member. The statutory treatment of joint holders as one member for the limited private-company definition, and provisions requiring individual member particulars, support that position. Where the articles expressly extend the company&#039;s lien to shares registered in a member&#039;s name solely or jointly, the company may enforce its contractual lien over jointly held shares to recover the debt of one joint holder.</description>
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      <pubDate>Tue, 17 Feb 1953 00:00:00 +0530</pubDate>
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