https://www.taxtmi.com/caselaws?id=272874 The court dismissed the appeals, ruling that the forfeiture of shares was invalid due to non-compliance with procedural requirements. The shareholders were permitted to pay the call money with interest, and their names were to be reinstated in the share register. The respondents were directed to pay costs to the appellant company. en-us Thu, 21 Dec 1961 00:00:00 +0530 Tue, 22 May 2018 15:06:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272874 The court dismissed the appeals, ruling that the forfeiture of shares was invalid due to non-compliance with procedural requirements. The shareholders were permitted to pay the call money with interest, and their names were to be reinstated in the share register. The respondents were directed to pay costs to the appellant company. Case-Laws Indian Laws Thu, 21 Dec 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272874