Member, shareholder and holder of a share, the scheme of the Indian Companies Act, 1913, shows that the words 'member', 'shareholder' and 'holder of a share' have been used interchangeably. The words 'holder of a share' are really equal to the word 'shareholder', and the expression 'holder of a share' denotes, in so far as the company is concerned, only a person who, as shareholder, has his name entered on the register of members, Howrah Trading Co. Ltd. v. Commissioner of Income Tax, AIR 1959 SC 775: (1959) Supp 2 SCR 448.
View Judgments Citing this Phrase View Acts Citing this Phrase