https://www.taxtmi.com/caselaws?id=292543 The court interpreted a provision in an 1864 agreement between the parties regarding a special dividend attached to certain shares post-purchase. The key provision, Clause 13, granted the seller or his legal representatives an extra dividend based on company profits as long as they held the specified shares. Despite the seller's death, the court ruled that as long as his name remained on the share register, the company was obligated to pay the dividends to his estate. The court dismissed the company's argument to wind up the estate, affirming the entitlement of the seller's legal representatives to the dividends. en-us Wed, 20 Jun 1894 00:00:00 +0521 Wed, 30 Dec 2020 12:15:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292543 The court interpreted a provision in an 1864 agreement between the parties regarding a special dividend attached to certain shares post-purchase. The key provision, Clause 13, granted the seller or his legal representatives an extra dividend based on company profits as long as they held the specified shares. Despite the seller's death, the court ruled that as long as his name remained on the share register, the company was obligated to pay the dividends to his estate. The court dismissed the company's argument to wind up the estate, affirming the entitlement of the seller's legal representatives to the dividends. Case-Laws Indian Laws Wed, 20 Jun 1894 00:00:00 +0521 https://www.taxtmi.com/caselaws?id=292543