Manicka Goundan vs Elumalai Goundan Minor By Guardian ... on 16 August, 1956
This being so, it is argued, the petitioners cannot be said to have, acquired ihe shares allotted to them or to have become beneficial owners of 90 per cent. of the share" capital of Phelps and Co., Limited. Our attention has been invited to certain decisions such as Manicka Goundan v. Elumalai Goundan, 1956 Mad WN 853 : (AIR 1957 Mad 78) (E).