Reviewed case brief

Hiranand v Raoji

AIR 1946 Nag 305

AIR 1946 Nag 305 · Nagpur High Court

allotmentcommunicationcontractshares
Court
Nagpur High Court
Year
1946
Subjects
Company Law
Reviewed
2026-08-02

Rule established

Allotment of shares is complete only when the letter of allotment is communicated to the applicant; until communication, no binding contract exists.

Facts

    Issues

      Held

        Ratio decidendi

        How to use it in an exam

        Editorial source

        AIR 1946 Nag 305

        Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.