https://www.taxtmi.com/caselaws?id=97562 In winding up, liability to contribute follows membership and entry on the register, so alleged defects in allotment do not by themselves defeat contribution where the person remains shown as a member and has not obtained rectification of the register. Company records and a contemporaneous statement supported proof that the discount shares were allotted with the appellant's knowledge and consent, and any non-compliance with capital issue controls had been condoned. A plea that some shares stood in minors' names also failed because the evidence showed the appellant controlled the transactions, and he could be treated as the contributory for those shares. en-us Thu, 09 Jan 1958 00:00:00 +0530 Tue, 17 Jan 2012 12:21:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97562 In winding up, liability to contribute follows membership and entry on the register, so alleged defects in allotment do not by themselves defeat contribution where the person remains shown as a member and has not obtained rectification of the register. Company records and a contemporaneous statement supported proof that the discount shares were allotted with the appellant's knowledge and consent, and any non-compliance with capital issue controls had been condoned. A plea that some shares stood in minors' names also failed because the evidence showed the appellant controlled the transactions, and he could be treated as the contributory for those shares. Case-Laws Companies Law Thu, 09 Jan 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97562