https://www.taxtmi.com/caselaws?id=97941 Notices in the settlement of contributories were treated as valid where they were substantially served and no prejudice from the mode of posting was shown. The managing agent's remuneration claim was held provable under the agency agreement, but it was reduced on a fair assessment because the company's business was not carried on during the relevant period. A contributory cannot set off a debt owed by the company against unpaid calls, as call liability is distinct from ordinary debt. The rent claim was accepted, and the calls were either reduced or upheld after taking the reduced remuneration and rejection of set-off into account. en-us Fri, 09 Mar 1962 00:00:00 +0530 Wed, 18 Jan 2012 16:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97941 Notices in the settlement of contributories were treated as valid where they were substantially served and no prejudice from the mode of posting was shown. The managing agent's remuneration claim was held provable under the agency agreement, but it was reduced on a fair assessment because the company's business was not carried on during the relevant period. A contributory cannot set off a debt owed by the company against unpaid calls, as call liability is distinct from ordinary debt. The rent claim was accepted, and the calls were either reduced or upheld after taking the reduced remuneration and rejection of set-off into account. Case-Laws Companies Law Fri, 09 Mar 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97941