https://www.taxtmi.com/caselaws?id=401001 A call on unpaid share capital of existing partly paid-up equity shares was treated as distinct from a fresh issue of shares, so it was not found to breach the earlier status quo order. On those facts, there was no basis for rectification of the register of members or for forfeiture or cancellation of shares. The request for an independent re-audit also failed because no sufficient factual material was produced to justify that extraordinary relief, and the financial statements had already been supplied. The petition was therefore dismissed in full. en-us Wed, 02 Sep 2020 00:00:00 +0530 Mon, 04 Jan 2021 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401001 A call on unpaid share capital of existing partly paid-up equity shares was treated as distinct from a fresh issue of shares, so it was not found to breach the earlier status quo order. On those facts, there was no basis for rectification of the register of members or for forfeiture or cancellation of shares. The request for an independent re-audit also failed because no sufficient factual material was produced to justify that extraordinary relief, and the financial statements had already been supplied. The petition was therefore dismissed in full. Case-Laws Companies Law Wed, 02 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401001