https://www.taxtmi.com/caselaws?id=97368 The court held that the call made by the company for Rs. 40 per share on B class shares was not valid due to various reasons, including the failure to specify the time for payment in the resolutions, lack of authority for the manager to issue the notice, and insufficient notice period. The appeal was dismissed, affirming the trial court's decision to dismiss the plaintiff's suit. en-us Mon, 13 Feb 1956 00:00:00 +0530 Mon, 16 Jan 2012 14:02:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97368 The court held that the call made by the company for Rs. 40 per share on B class shares was not valid due to various reasons, including the failure to specify the time for payment in the resolutions, lack of authority for the manager to issue the notice, and insufficient notice period. The appeal was dismissed, affirming the trial court's decision to dismiss the plaintiff's suit. Case-Laws Companies Law Mon, 13 Feb 1956 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97368