https://www.taxtmi.com/caselaws?id=97983 A shareholder who knew his name stood in the register or contributories list must act promptly if he wishes to dispute liability; delay, acquiescence, and the intervention of third-party rights bar discretionary rectification after a winding-up order has become final. On the facts, the shareholder's long-delayed challenge was not maintainable, and deletion from the contributories list was refused. A transfer of shares made after commencement of winding up without the required court sanction is ineffective for registration purposes, and the transferee's name may be removed from the register. The official liquidator's challenge succeeded, while the shareholder's challenge failed. en-us Fri, 19 Oct 1962 00:00:00 +0530 Wed, 18 Jan 2012 17:13:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97983 A shareholder who knew his name stood in the register or contributories list must act promptly if he wishes to dispute liability; delay, acquiescence, and the intervention of third-party rights bar discretionary rectification after a winding-up order has become final. On the facts, the shareholder's long-delayed challenge was not maintainable, and deletion from the contributories list was refused. A transfer of shares made after commencement of winding up without the required court sanction is ineffective for registration purposes, and the transferee's name may be removed from the register. The official liquidator's challenge succeeded, while the shareholder's challenge failed. Case-Laws Companies Law Fri, 19 Oct 1962 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97983