Supreme Court of India

Sha Mulchand & Co. Ltd. (in Liquidation) v. Jawahar Mills Ltd.

Neutral citation
Reported as [1953] 1 S.C.R. 351
Bench Mehr Chand Mahajan, Das, Vivian Bose and Ghulam Hasan JJ.
Decided 9 December 1952

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

1 Supreme Court bench has cited this judgment.

From the headnote

Company-Forfeiture of shares-Necessity of due notice-Appli­ cation by shareholder to rectify register-Long delay-Acquiescence, waiver and laches-Abandonment of right to question validity of for­ feititre-Application for rectification of register-Limitation­ Limitation Act, 1908, Arts. 48, 49, 120, 181, applicability of­ Oompanies Act, 1913, ss. 38, 'J47. private limited company of which and S were the only two members owned 5,000 shares in a Mill. The company did not pay the calls and the 5,000 shares held by them were forfeited on the 5th September, 1941, and re-allotted to other persons on

Where later benches applied it

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