1930 (11) TMI 15

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..... s in proper time. It would appear that one of the directors resigned his post on 6th February 1930. This resignation and the name of the new director was notified to the Registrar of Joint Stock Companies on 8th May 1930. Apparently the prosecution was lodged at the instance of the retiring director of the company. S. 87, under which the two petitioners have been convicted and fined reads as follo .....

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..... 26, Appx. A of the Act. In that form there is a foot-note that notices of change should be given within 30 days from the date of occurrence. It is quite obvious however that this provision is not mandatory, the expression used not being must but ' should. Therefore as far as I can sea. no period whatever has been prescribed within which such notice must he given, and it is extremely diffic .....

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