https://www.taxtmi.com/caselaws?id=199982 Where shares were issued and registered in a minor's name but the application was signed by the father as guardian, the guardian cannot be treated as a subscriber or placed on the list of contributories absent evidence he intended to subscribe or that his funds were used; the transaction is void as a minor cannot contract. The legal distinction between cases of an alias/intended principal and cases where no intention to subscribe ever existed is decisive, and absent such intention the guardian-signatory is not liable as a contributory; the contributory listing was set aside. en-us Mon, 02 Feb 1942 00:00:00 +0630 Fri, 16 Mar 2018 12:53:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199982 Where shares were issued and registered in a minor's name but the application was signed by the father as guardian, the guardian cannot be treated as a subscriber or placed on the list of contributories absent evidence he intended to subscribe or that his funds were used; the transaction is void as a minor cannot contract. The legal distinction between cases of an alias/intended principal and cases where no intention to subscribe ever existed is decisive, and absent such intention the guardian-signatory is not liable as a contributory; the contributory listing was set aside. Case-Laws Indian Laws Mon, 02 Feb 1942 00:00:00 +0630 https://www.taxtmi.com/caselaws?id=199982