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1936 (11) TMI 19 - HIGH COURT OF MADRASExtract: .......ult to regard the issue of the shares to him by allotment as amounting to a 'transfer of property' by the company to him. On this ground, we must hold that the contract of which the particulars were recorded in Form VII did not amount to a 'conveyance', and that Form VII was properly treated by the parties as an 'agreement'.
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