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    <title>1958 (8) TMI 34 - HIGH COURT OF MADRAS</title>
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    <description>The court dismissed the appeal in a case involving a suit for recovery of unpaid share money by a contributory in a limited liability company. The court held that the suit for call money did not constitute a book debt, was barred by limitation, and the defendant&#039;s payment to a creditor fulfilled his obligations as a promoter. The court upheld the lower courts&#039; decision, dismissing the appeal and awarding costs against the appellant.</description>
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      <link>https://www.taxtmi.com/caselaws?id=97605</link>
      <description>The court dismissed the appeal in a case involving a suit for recovery of unpaid share money by a contributory in a limited liability company. The court held that the suit for call money did not constitute a book debt, was barred by limitation, and the defendant&#039;s payment to a creditor fulfilled his obligations as a promoter. The court upheld the lower courts&#039; decision, dismissing the appeal and awarding costs against the appellant.</description>
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