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    <title>1967 (3) TMI 72 - HIGH COURT OF MADRAS</title>
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    <description>Rectification of the register of members was refused because the applicant had not acted promptly to repudiate the alleged membership or challenge the balance order. The remedy is equitable and discretionary, so delay, acquiescence, and the prejudice to creditors in winding up were decisive factors. Once winding up had intervened and creditors&#039; rights had crystallised, a person who allowed his name to remain on the register could not seek belated deletion of that name to disturb those vested rights. The request to set aside the ex parte balance order therefore also failed.</description>
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      <title>1967 (3) TMI 72 - HIGH COURT OF MADRAS</title>
      <link>https://www.taxtmi.com/caselaws?id=98381</link>
      <description>Rectification of the register of members was refused because the applicant had not acted promptly to repudiate the alleged membership or challenge the balance order. The remedy is equitable and discretionary, so delay, acquiescence, and the prejudice to creditors in winding up were decisive factors. Once winding up had intervened and creditors&#039; rights had crystallised, a person who allowed his name to remain on the register could not seek belated deletion of that name to disturb those vested rights. The request to set aside the ex parte balance order therefore also failed.</description>
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